Blue Cross & Blue Shield of RI
Major Rating Factors:
Good overall profitability index (5.4 on a scale of 0 to 10) despite a decline in earnings during 2023. Good overall results on stability tests (6.7) based on consistent premium and capital growth in the last five years. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (9.1) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.0) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
RI
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
None
Investment Rating
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Company Address
500 Exchange Street
Providence, RI 02903
Providence, RI 02903
Phone Number
(401) 459-1000
NAIC Number
53473
Website
Largest Affiliates
No affiliate information available.