Anthem KY Mngd Care Plan Inc
Major Rating Factors:
Good quality investment portfolio (6.8 on a scale of 0 to 10) containing significant exposure to junk bonds. Excellent profitability (7.9) despite a decline in earnings during 2022. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (8.4) based on consistent premium and capital growth in the last five years, steady enrollment growth, averaging 9% over the past five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
KY
Principal Enrollment Breakdown:
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