Major Rating Factors:
Good overall profitability index (6.0 on a scale of 0 to 10) despite a decline in earnings during 2022. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. 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 (8.4) based on consistent premium and capital growth in the last five years. Good quality investment portfolio (4.9).
Principal Lines of Business:
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Licensed in:
NC
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross and Blue Shield of North Carolina
Investment Rating
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Company Address
4613 University Drive
Durham, NC 27707
Durham, NC 27707
Phone Number
(919) 489-7431
NAIC Number
54631
Website
Largest Affiliates
