Humana Ins Co of NY
Major Rating Factors:
Fair liquidity (4.0 on a scale of 0 to 10) as cash resources may not be adequate to cover a spike in claims. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent quality investment portfolio (9.2) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (8.7) based on consistent premium and capital growth in the last five years, steady enrollment growth, averaging 7% over the past five years. Rating is significantly influenced by the excellent financial results of Humana Inc. Weak profitability index (0.9) with operating losses during 2020 and 2021. Average return on equity over the last five years has been poor at -11.3%.
Principal Lines of Business:
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Licensed in:
NY
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Humana Inc
Investment Rating
Company Address
500 West Main Street
Louisville, KY 40202
Louisville, KY 40202
Phone Number
(800) 201-3687
NAIC Number
12634
Website
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