Major Rating Factors:
Good overall results on stability tests (5.7 on a scale of 0 to 10). Rating is significantly influenced by the acceptable financial results of CVS Health Corporation. Excellent overall profitability index (6.9) despite a decline in earnings during 2023. Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (7.8) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
All states and GU, MP, PR, VI
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
CVS Health Corporation
Investment Rating
Company Address
1021 Reams Flwming Blvd.
Franklin, TN 37064
Franklin, TN 37064
Phone Number
(615) 807-7500
NAIC Number
12575
Website
Largest Affiliates