Bright Health Ins Co
Major Rating Factors:
Weak profitability index (0.2 on a scale of 0 to 10) with 178.7 million in losses in the last five years. Average return on equity has been extremely poor. Weak overall capitalization (0.0) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.0) based on an excessive 35% enrollment growth during the period. Potentially strong support from affiliation with NeueHealth Inc.
Other Rating Factors:
Weak liquidity (2.1) as a spike in claims may stretch capacity. Excellent quality investment portfolio (9.9).
Principal Lines of Business:
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Licensed in:
AL, AZ, CO, LA, NE, OK, SC, TX, UT, VA, WA
Principal Enrollment Breakdown:
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