C
First Health L&H Ins Co
Rating Date
September 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.6 on a scale of 0 to 10). Rating is significantly influenced by the acceptable financial results of CVS Health Corporation. Excellent profitability (7.3) despite a decline in earnings during 2022. Excellent capitalization (9.6) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Other Rating Factors: Excellent quality investment portfolio (9.5) containing small junk bond exposure. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: All states
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
166
Fee For Service
Contractual Pay
Salary
0
Bonus
5
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
CVS
Company Address
3200 Highland Avenue
Downers Grove, IL 60515
Phone Number
(630) 737-7900
NAIC Number
90328
Largest Affiliates
C
Franklin, TN - Health
B
Blue Bell, PA - Health
B
Downers Grove, IL - Health
B
Plantation, FL - Health
B
Linthicum, MD - Health