Major Rating Factors:
Good overall profitability index (5.3 on a scale of 0 to 10) despite operating losses during 2019 and 2021. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization index (8.2) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent quality investment portfolio (7.9) containing small junk bond exposure. Excellent overall results on stability tests (8.1) based on consistent premium and capital growth in the last five years but a decline in enrollment during 2022. Rating is significantly influenced by the excellent financial results of Humana Inc.
Principal Lines of Business:
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Licensed in:
All states except NY
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
Humana Inc
Investment Rating
Company Address
1100 Employers Boulevard
De Pere, WI 54115
De Pere, WI 54115
Phone Number
(920) 336-1100
NAIC Number
70580
Website
Largest Affiliates
