B
Humana WI Health Org Ins Corp
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good quality investment portfolio (6.6 on a scale of 0 to 10) containing significant exposure to junk bonds. Good overall results on stability tests (6.8) 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 strong financial results of Humana Inc. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent profitability (9.2) despite a decline in earnings during 2021. Excellent overall capitalization (8.3) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Principal Lines of Business: --
Licensed in: CT, DE, HI, IA, KY, MA, MD, MN, MS, MT, NC, NE, NJ, NV, OH, OK, PA, RI, SD, VA, WI
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
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Humana Inc
Investment Rating
HUM
Company Address
N19W24133 Riverwood Drive
Waukesha, WI 53188
Phone Number
(262) 408-4300
NAIC Number
95342
Largest Affiliates
A
De Pere, WI - Health
A
Louisville, KY - Health
A
Louisville, KY - Health
B
Louisville, KY - Health
A
Louisville, KY - Health
Weiss Ratings