Cigna HealthCare of GA Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 375.0 million in losses in the last five years. Average return on equity has been extremely poor. Good overall results on stability tests (6.2) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of The Cigna Group. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (8.1) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2020. Excellent quality investment portfolio (7.4) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
GA
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
Contractual Pay
Salary
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
The Cigna Group
Investment Rating
Company Address
900 Cottage Grove Road
Bloomfield, CT 06002
Bloomfield, CT 06002
Phone Number
(404) 443-8800
NAIC Number
96229
Website
Largest Affiliates