Aetna Better Health Inc (OH)
Major Rating Factors:
Good liquidity (6.5 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 (4.7) based on an excessive 56% enrollment growth during the period, a decline in the number of member physicians during 2022. Rating is significantly influenced by the strong financial results of CVS Health Corporation. Excellent profitability (8.2) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent capitalization index (8.4) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.1) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
OH
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
CVS Health Corporation
Investment Rating
Company Address
7400 West Campus Road
New Albany, OH 43054
New Albany, OH 43054
Phone Number
(800) 872-3862
NAIC Number
14229
Largest Affiliates