UnitedHealthcare Cmnty (MI)
Major Rating Factors:
Excellent profitability (8.6 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent overall capitalization (8.4) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.7) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (7.5) based on steady enrollment growth, averaging 7% over the past five years, consistent premium and capital growth in the last five years but excessive capital growth during 2022. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MI
Principal Enrollment Breakdown:
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