Capricorn Holdco Inc
Major Rating Factors:
Weak profitability index (1.7 on a scale of 0 to 10) with 15.8 million in losses in the last five years. Average return on equity has been poor at -56.8%. Weak quality investment portfolio (0.2) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Good overall results on stability tests (6.0) despite fair risk-adjusted capital in prior years. Rating is significantly influenced by the weak financial results of Elevance Health Inc.
Other Rating Factors:
Excellent capitalization (7.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2022. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IN
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
Elevance Health Inc
Investment Rating
Company Address
220 Virginia Avenue
Indianapolis, IN 46204
Indianapolis, IN 46204
Phone Number
(317) 432-6988
NAIC Number
13164
Website
Largest Affiliates