Major Rating Factors:
Fair quality investment portfolio (3.7 on a scale of 0 to 10). Fair overall results on stability tests (3.9) based on rapid premium growth over the last five years, rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of CVS Health Corporation. Fair liquidity (4.4) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Weak profitability index (0.6) with 376.7 million in losses in the last five years. Average return on equity has been poor at -91.2%. Excellent overall capitalization (9.7) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
All states except CA, CT, MS, NY
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
Company Address
1425 Union Meeting Road
Blue Bell, PA 19422
Blue Bell, PA 19422
Phone Number
(800) 872-3862
NAIC Number
72052
Largest Affiliates