Major Rating Factors:
Fair liquidity (3.3 on a scale of 0 to 10) as cash resources may not be adequate to cover a spike in claims. Good quality investment portfolio (5.1) containing junk bond exposure equal to 70.8% of capital. Good overall results on stability tests (6.3) based on steady enrollment growth, averaging 3% over the past five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Other Rating Factors:
Excellent profitability (8.9) with operating gains in each of the last five years. Excellent capitalization index (8.6) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
VA
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
Elevance Health Inc
Investment Rating
Company Address
2015 Staples Mill Road
Richmond, VA 23230
Richmond, VA 23230
Phone Number
(804) 354-7000
NAIC Number
71835
Website
Largest Affiliates