Major Rating Factors:
Good quality investment portfolio (6.5 on a scale of 0 to 10) containing significant exposure to junk bonds. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.5). Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Other Rating Factors:
Excellent profitability (8.6) despite a decline in earnings during 2022. Excellent capitalization index (8.1) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
--
Licensed in:
IN, MO, VA
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
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