ConnectiCare Benefits Inc
Major Rating Factors:
Fair capitalization index (4.2 on a scale of 0 to 10) based on weak current risk-adjusted capital (severe loss scenario). Fair overall results on stability tests (3.6) in spite of steady enrollment growth, averaging 8% over the past five years. Rating is significantly influenced by the weak financial results of EmblemHealth Inc. Weak profitability index (2.6) with 66.5 million in losses in the current year.
Other Rating Factors:
Weak liquidity (2.0) as a spike in claims may stretch capacity. Excellent quality investment portfolio (9.2) containing small junk bond exposure.
Principal Lines of Business:
--
Licensed in:
CT
Principal Enrollment Breakdown:
--
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
EmblemHealth Inc
Investment Rating
--
Company Address
175 Scott Swamp Road
Farmington, CT 06032
Farmington, CT 06032
Phone Number
(860) 674-5700
NAIC Number
14913
Website
Largest Affiliates
