Humana Health Plan Inc
Major Rating Factors:
Good quality investment portfolio (6.2 on a scale of 0 to 10) containing significant exposure to junk bonds. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.6). Rating is significantly influenced by the strong financial results of Humana Inc.
Other Rating Factors:
Excellent overall capitalization (7.6) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Weak profitability index (1.6) with 57.5 million in losses in the last two years. Average return on equity over the last five years has been poor at -0.8%.
Principal Lines of Business:
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Licensed in:
AL, AR, AZ, CO, ID, IL, IN, KS, KY, MO, NE, NM, NV, OH, SC, TN, TX, VA, WA
Principal Enrollment Breakdown:
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