Major Rating Factors:
Fair quality investment portfolio (3.7 on a scale of 0 to 10). Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.5) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent overall capitalization (8.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (8.0) based on steady enrollment growth, averaging 8% over the past five years, consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Principal Lines of Business:
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Licensed in:
IN, OH
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
Elevance Health Inc
Investment Rating
Company Address
4361 Irwin Simpson Road
Mason, OH 45040
Mason, OH 45040
Phone Number
(513) 872-8100
NAIC Number
10345
Website
Largest Affiliates
