Major Rating Factors:
Good liquidity (6.4 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.8). Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent profitability (7.3) despite a decline in earnings during 2023.
Other Rating Factors:
Excellent overall capitalization (8.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.0) containing small junk bond exposure.
Principal Lines of Business:
--
Licensed in:
CO, NV
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
700 Broadway
Denver, CO 80273
Denver, CO 80273
Phone Number
(303) 831-2131
NAIC Number
95473
Website
Largest Affiliates