Major Rating Factors:
Fair quality investment portfolio (3.6 on a scale of 0 to 10). Good overall results on stability tests (5.1) based on steady enrollment growth, averaging 5% over the past five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability (8.2) with operating gains in each of the last five years. Excellent overall capitalization (7.7) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
--
Licensed in:
AL, MD, RI
Principal Enrollment Breakdown:
--
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
5800 Northampton Boulevard
Norfolk, VA 23502
Norfolk, VA 23502
Phone Number
(757) 490-6900
NAIC Number
95832
Website
Largest Affiliates