Carelon Health of PA Inc
Major Rating Factors:
Fair overall results on stability tests (4.0 on a scale of 0 to 10) based on an overall decline in enrollment over the past five years despite growth in 2020 and 2021. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent profitability (10.0) with operating gains in each of the last five years. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (10.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
PA
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Elevance Health Inc
Investment Rating
Company Address
1400 Crossways Boulevard
Chesapeake, VA 23320
Chesapeake, VA 23320
Phone Number
(757) 459-5418
NAIC Number
47025
Website
Largest Affiliates