Cigna HealthCare of Texas Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 60.5 million in losses in the current year. Average return on equity over the last five years has been poor at -74.9%. Weak quality investment portfolio (2.8). Weak overall results on stability tests (1.9) based on a steep decline in capital during 2022, an overall decline in enrollment over the past five years. Rating is significantly influenced by the strong financial results of The Cigna Group.
Other Rating Factors:
Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
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
The Cigna Group
Investment Rating
Company Address
900 Cottage Grove Road
Bloomfield, CT 06002
Bloomfield, CT 06002
Phone Number
(860) 226-5634
NAIC Number
95383
Website
Largest Affiliates