Major Rating Factors:
Fair profitability index (3.2 on a scale of 0 to 10) with operating losses during 2019, 2021 and 2022. Fair quality investment portfolio (4.5). Good overall results on stability tests (5.0) based on rapid enrollment growth during the past five years. Rating is significantly influenced by the weak 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 (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NJ
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
400 Buckwalter Place Boulevard
Bluffton, SC 29910
Bluffton, SC 29910
Phone Number
(800) 918-8924
NAIC Number
10144
Website
Largest Affiliates