Major Rating Factors:
Good liquidity (6.6 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.2). Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent profitability (7.4) with operating gains in each of the last five years.
Other Rating Factors:
Excellent overall capitalization (7.3) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.4) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
FL
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
Elevance Health Inc
Investment Rating
Company Address
4200 West Cypress Street
Tampa, FL 33607
Tampa, FL 33607
Phone Number
(813) 506-6000
NAIC Number
12259
Largest Affiliates