Major Rating Factors:
Good quality investment portfolio (5.1 on a scale of 0 to 10) containing junk bond exposure equal to 70.8% of capital. Good overall results on stability tests (5.2) 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. Excellent profitability (8.1) with operating gains in each of the last five years.
Other Rating Factors:
Excellent overall capitalization (7.9) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Weak liquidity (2.7) as a spike in claims may stretch capacity.
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