Cigna HealthCare of AZ Inc
Major Rating Factors:
Fair capitalization index (4.3 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the excellent range over the last year. Fair quality investment portfolio (2.9). Fair overall results on stability tests (3.6) based on a steep decline in capital during 2022. Rating is significantly influenced by the acceptable financial results of The Cigna Group.
Other Rating Factors:
Weak profitability index (0.7) with 40.4 million in losses in the last two years. Average return on equity over the last five years has been poor at -7.5%. Weak liquidity (0.9) as a spike in claims may stretch capacity.
Principal Lines of Business:
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Licensed in:
AZ
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
The Cigna Group
Investment Rating
Company Address
8888 E Raintree Dr
Scottsdale, AZ 85260
Scottsdale, AZ 85260
Phone Number
(919) 854-7469
NAIC Number
95125
Website
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