A
Blue Cross Blue Shield of AZ
PhoenixAZ
Rating Date
January 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Excellent overall capitalization (10.0 on a scale of 0 to 10) based on excellent current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent overall results on stability tests (7.6) based on steady enrollment growth, averaging 3% over the past five years, consistent premium and capital growth in the last five years. Good overall profitability index (6.4) with operating gains in each of the last five years.
Other Rating Factors: Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair quality investment portfolio (3.6).
Principal Lines of Business: --
Licensed in: AZ
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
113
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
8220 N. 23rd Avenue
Phoenix, AZ 85021
Phone Number
(602) 864-4100
NAIC Number
53589
Largest Affiliates
No affiliate information available.