Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.8) despite a decline in earnings during 2022. Excellent overall capitalization (8.2) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent quality investment portfolio (7.1) containing small junk bond exposure. Excellent overall results on stability tests (7.7) based on consistent premium and capital growth in the last five years but a decline in the number of member physicians during 2022. Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Principal Lines of Business:
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Licensed in:
NE
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
Elevance Health Inc
Investment Rating
Company Address
10040 Regency Circle
Omaha, NE 68114
Omaha, NE 68114
Phone Number
(402) 328-5417
NAIC Number
15951
Website
Largest Affiliates
