C
Aetna Better Hlth CA Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.6 on a scale of 0 to 10) based on rapid premium growth over the last five years, rapid enrollment growth during the past five years. Weak profitability index (2.0) with operating losses during 2019 and 2020. Good capitalization (5.4) based on good current risk-adjusted capital (severe loss scenario) reflecting some improvement over results in 2020.
Other Rating Factors: Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
843
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
None
Investment Rating
CVS
Company Address
9350 Waxie Way
San Diego, CA 92123
Phone Number
(855) 772-9076
NAIC Number
--
Largest Affiliates
No affiliate information available.