Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Elevance Health Inc. Weak profitability index (0.9) with operating losses during 2019, 2020 and 2021. Average return on equity over the last five years has been poor at -27.0%. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (8.9) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NV
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
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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
12900 Park Plaza Drive
Cerritos, CA 90703
Cerritos, CA 90703
Phone Number
(562) 622-2900
NAIC Number
13605
Website
Largest Affiliates