First Health L&H Ins Co
Major Rating Factors:
Fair profitability index (4.6 on a scale of 0 to 10) with 1.3 million in losses in the current year. Fair overall results on stability tests (3.2) based on a steep decline in premium revenue in 2023, a significant -32% decrease in enrollment during the period and a decline in the number of member physicians during 2023. Rating is significantly influenced by the acceptable financial results of CVS Health Corporation. Excellent capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Other Rating Factors:
Excellent quality investment portfolio (9.1) containing small junk bond exposure. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
All states
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
Company Address
3200 Highland Avenue
Downers Grove, IL 60515
Downers Grove, IL 60515
Phone Number
(630) 737-7900
NAIC Number
90328
Largest Affiliates