Major Rating Factors:
Good overall profitability index (6.6 on a scale of 0 to 10) despite a decline in earnings during 2021. Good overall results on stability tests (6.2) based on steady enrollment growth, averaging 6% over the past five years. Rating is significantly influenced by the strong financial results of The Cigna Group. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (8.3) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Weak quality investment portfolio (2.4).
Principal Lines of Business:
--
Licensed in:
NJ, PA
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
The Cigna Group
Investment Rating
Company Address
500 Great Circle Road
Nashville, TN 37228
Nashville, TN 37228
Phone Number
(800) 235-9188
NAIC Number
11524
Website
Largest Affiliates