Aetna Better Hlth of IL Inc
Major Rating Factors:
Good overall profitability index (5.7 on a scale of 0 to 10) despite a decline in earnings during 2022. Good quality investment portfolio (6.0) containing significant exposure to junk bonds. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2019. Excellent overall results on stability tests (7.2) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of CVS Health Corporation.
Principal Lines of Business:
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Licensed in:
IL
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
CVS Health Corporation
Investment Rating
Company Address
3200 Highland Avenue
Downers Grove, IL 60515
Downers Grove, IL 60515
Phone Number
(866) 329-4701
NAIC Number
14053
Largest Affiliates
