B
CHA HMO Inc
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 overall profitability index (6.3 on a scale of 0 to 10) despite operating losses during 2017. Good quality investment portfolio (6.6) containing significant exposure to junk bonds. Good overall results on stability tests (5.0) in spite of 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.
Other Rating Factors: Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization index (8.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business: --
Licensed in: AZ, CO, HI, IA, IL, IN, KS, KY, MO, NE, NM, SD, TX
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
500 West Main Street
Louisville, KY 40202
Phone Number
(502) 580-1000
NAIC Number
95158
Largest Affiliates
A
De Pere, WI - Health
A
Louisville, KY - Health
A
Louisville, KY - Health
B
Waukesha, WI - Health
A
Louisville, KY - Health
Weiss Ratings