HEALTH NET LIFE INS CO
Major Rating Factors:
Fair profitability (4.0 on a scale of 0 to 10) with operating losses during 2024. Return on equity has been low, averaging 1.0%. Fair overall results on stability tests (3.1) including weak results on operational trends and negative cash flow from operations for 2024. Good Liquidity (6.6) with sufficient resources to handle a spike in claims.
Other Rating Factors:
Strong capitalization (10.0) based on excellent risk adjusted capital (severe loss scenario). High quality investment portfolio (7.8).
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind health (99.6%), group life (0.3%)
Licensed in:
All states except MI, NY, PR
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
21281 Burbank Boulevard B3
Woodland Hills, CA 91367
Woodland Hills, CA 91367
Phone Number
(314) 725-4477
NAIC Number
66141
Website
Largest Affiliates