Aetna Better Health of MI Inc
Major Rating Factors:
Excellent profitability (8.3 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent capitalization index (9.5) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.0) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (7.1) despite excessive capital growth during 2021. Rating is significantly influenced by the strong financial results of CVS Health Corporation. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
ID, MI, OR
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
Company Address
28588 Northwestern Highway
Southfield, MI 48034
Southfield, MI 48034
Phone Number
(800) 831-1166
NAIC Number
12193
Largest Affiliates
