Major Rating Factors:
Fair quality investment portfolio (3.7 on a scale of 0 to 10). Weak profitability index (0.4) with 246.1 million in losses in the last five years. Average return on equity has been poor at -71.1%. Weak overall results on stability tests (1.2) based on excessive premium growth during 2022. Rating is significantly influenced by the acceptable financial results of CVS Health Corporation.
Other Rating Factors:
Weak liquidity (2.6) as a spike in claims may stretch capacity. Excellent overall capitalization (9.8) 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