Major Rating Factors:
Good quality investment portfolio (6.6 on a scale of 0 to 10) containing significant exposure to junk bonds. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (9.0) with operating gains in each of the last five years.
Other Rating Factors:
Excellent overall capitalization (9.4) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (8.1) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of CVS Health Corporation.
Principal Lines of Business:
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Licensed in:
AL, AZ, CO, DC, DE, IL, IN, KS, KY, MA, MD, MO, NC, NE, NV, OH, OK, PA, SC, TN, VA, WA, WV
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
Company Address
1425 Union Meeting Road
Blue Bell, PA 19422
Blue Bell, PA 19422
Phone Number
(800) 872-3862
NAIC Number
95109
Website
Largest Affiliates
