Blue Cross Blue Shield Hlthcr
Major Rating Factors:
Good quality investment portfolio (6.5 on a scale of 0 to 10) containing significant exposure to junk bonds. Good overall results on stability tests (5.3) despite a decline in enrollment during 2022. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability (8.1) with operating gains in each of the last five years. Excellent overall capitalization (9.6) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
--
Licensed in:
GA
Principal Enrollment Breakdown:
--