Innovation Health Ins Co
Major Rating Factors:
Excellent profitability (9.5 on a scale of 0 to 10) with operating gains in each of the last five years. 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 (7.5) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (7.5) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of CVS Health Corporation. Excellent liquidity (8.7) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
DC, MD, VA
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
3190 Fairview Park Drive
Falls Church, VA 22042
Falls Church, VA 22042
Phone Number
(703) 914-2925
NAIC Number
15097
Website
Largest Affiliates