Major Rating Factors:
Fair quality investment portfolio (3.7 on a scale of 0 to 10). Fair overall results on stability tests (4.0). Rating is significantly influenced by the weak financial results of Elevance Health Inc. Excellent profitability (8.4) despite a decline in earnings during 2023.
Other Rating Factors:
Excellent overall capitalization (7.7) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
All states except MS, also licensed in PR
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
233 S. Wacker Drive
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(877) 864-2273
NAIC Number
80314
Website
Largest Affiliates