Major Rating Factors:
Good overall results on stability tests (6.8 on a scale of 0 to 10) based on healthy premium and capital growth during 2023. Rating is significantly influenced by the excellent financial results of Humana Inc. Excellent capitalization index (8.5) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Excellent liquidity (7.4) with ample operational cash flow and liquid investments. Weak profitability index (1.9) with operating losses during 2021 and 2022.
Principal Lines of Business:
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Licensed in:
SC
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
Humana Inc
Investment Rating
Company Address
1122 Lady Street
Columbia, SC 29201
Columbia, SC 29201
Phone Number
(502) 580-1000
NAIC Number
16717
Website
Largest Affiliates