B
Texas Hlth + Aetna Hlth Plan
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Good overall profitability index (5.7 on a scale of 0 to 10) despite operating losses during 2018. Good overall results on stability tests (5.4). Rating is significantly influenced by the strong financial results of CVS Health Corporation. 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 quality investment portfolio (9.3) containing small junk bond exposure. Excellent liquidity (9.8) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: TX
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
Salary
0
Bonus
-21
Other
--
Member Physicians
Enrollment
86
Total Patient Encounters
Physician
Non-Physician
210
Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
CVS
Company Address
612 East Lamar Boulevard
Arlington, TX 76011
Phone Number
(800) 872-3862
NAIC Number
16132
Largest Affiliates
C
Franklin, TN - Health
B
Blue Bell, PA - Health
B
Downers Grove, IL - Health
B
Richmond, VA - Health
B
Linthicum, MD - Health
Weiss Ratings