C
BLUE CROSS BLUE SHIELD OF KANSAS INC
TopekaKS
Rating Date
March 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Net
Premiums
Net
Income
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Major Rating Factors: Fair quality investment portfolio (4.7 on a scale of 0 to 10). Fair Liquidity (4.1) as cash from operations and sale of marketable assets may not be adequate to cover a spike in claims. Fair overall results on stability tests (4.7) including negative cash flow from operations for 2022.
Other Rating Factors: Weak profitability (2.7) with operating losses during 2022. Strong capitalization (8.2) based on excellent risk adjusted capital (severe loss scenario).
Stability Factors: F - Negative cash flow. I - Past results on our Investment Safety Index. L - Past results on our liquidity tests.
Principal Lines of Business: Group health (74.1%), ind health (25.9%)
Licensed in: KS
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
Blue Cross Blue Shield Kansas
Investment Rating
--
Company Address
1133 SW Topeka Boulevard
Topeka, KS 66629
Phone Number
(785) 291-7000
NAIC Number
70729
Largest Affiliates
B