Cigna HealthCare of SC Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2020, 2021 and 2023. Average return on equity over the last five years has been poor at -16.9%. Weak quality investment portfolio (1.3). Good overall results on stability tests (5.2) despite rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of The Cigna Group.
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (8.3) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Principal Lines of Business:
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Licensed in:
SC
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
(860) 226-6000
NAIC Number
95708
Website
Largest Affiliates