Major Rating Factors:
Good quality investment portfolio (6.5 on a scale of 0 to 10) containing significant exposure to junk bonds. Good overall results on stability tests (6.6) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability (8.9) despite a decline in earnings during 2022. Excellent overall capitalization (8.6) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
IN, MO, VA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Elevance Health Inc
Investment Rating
Company Address
2015 Staples Mill Road
Richmond, VA 23230
Richmond, VA 23230
Phone Number
(804) 354-7000
NAIC Number
95169
Website
Largest Affiliates
