Arcadian Health Plan Inc
Major Rating Factors:
Excellent profitability (8.7 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent overall results on stability tests (7.4) 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 strong financial results of Humana Inc.
Other Rating Factors:
Good quality investment portfolio (6.7) containing significant exposure to junk bonds. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
AK, AL, AR, AZ, CA, ID, IN, KY, ME, MO, NE, NH, OK, SC, TX, VA, WA, WV
Principal Enrollment Breakdown:
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