Major Rating Factors:
Good overall profitability index (6.2 on a scale of 0 to 10) despite 0.7 million in losses in the current year. Excellent overall capitalization (8.8) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.9) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (7.0) 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 acceptable financial results of CVS Health Corporation. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
ME
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
CVS Health Corporation
Investment Rating
Company Address
151 Farmington Avenue
Hartford, CT 06156
Hartford, CT 06156
Phone Number
(800) 872-3862
NAIC Number
95517
Website
Largest Affiliates