Cigna HealthCare of Texas Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 60.5 million in losses in the current year. Average return on equity over the last five years has been poor at -74.9%. Weak quality investment portfolio (2.8). Weak overall results on stability tests (1.9) based on a steep decline in capital during 2022. Rating is significantly influenced by the strong financial results of The Cigna Group.
Other Rating Factors:
Excellent overall capitalization (8.8) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
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
The Cigna Group
Investment Rating
Company Address
900 Cottage Grove Road
Bloomfield, CT 06002
Bloomfield, CT 06002
Phone Number
(860) 226-5634
NAIC Number
95383
Website
Largest Affiliates