Major Rating Factors:
Good quality investment portfolio (6.3 on a scale of 0 to 10) containing significant exposure to junk bonds. Good overall results on stability tests (5.3). Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Fair profitability index (4.7) with operating losses during 2020 and 2021. Excellent capitalization (8.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Principal Lines of Business:
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Licensed in:
CT, IL, MA, NH, RI, VT
Principal Enrollment Breakdown:
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