Cigna HealthCare of AZ Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 100.5 million in losses in the last three years. Average return on equity over the last five years has been poor at -25.6%. Weak quality investment portfolio (1.3). Fair liquidity (4.6) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Good overall results on stability tests (6.2) despite fair risk-adjusted capital in prior years. Rating is significantly influenced by the acceptable financial results of The Cigna Group. Excellent capitalization (7.5) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2020.
Principal Lines of Business:
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Licensed in:
AZ
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
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Provider Compensation ($000)
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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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