C
Bravo Health Mid-Atlantic Inc
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with 63.4 million in losses in the last two years. Average return on equity over the last five years has been poor at -18.8%. Weak quality investment portfolio (2.1). Good overall results on stability tests (5.4). Rating is significantly influenced by the strong financial results of The Cigna Group.
Other Rating Factors: Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Principal Lines of Business: --
Licensed in: DC, DE, MD
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
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
The Cigna Group
Investment Rating
CI
Company Address
500 Great Circle Road
Nashville, TN 37228
Phone Number
(800) 235-9188
NAIC Number
10095
Largest Affiliates
B
Nashville, TN - Health
C
Saint Louis, MO - Health
C
Bloomfield, CT - Health
B
Nashville, TN - Health
C
Phoenix, AZ - Health