Highmark BCBSD Inc
Major Rating Factors:
Good quality investment portfolio (6.8 on a scale of 0 to 10) containing junk bond exposure equal to 92.2% of capital. Excellent profitability (7.5) despite a decline in earnings during 2022. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent overall results on stability tests (7.3) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Highmark Health. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
DE
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
Highmark Health
Investment Rating
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Company Address
800 Delaware Avenue
Wilmington, DE 19801
Wilmington, DE 19801
Phone Number
(302) 421-3000
NAIC Number
53287
Website
Largest Affiliates
