Humana Benefit Plan of TX Inc
Major Rating Factors:
Good profitability index (4.9 on a scale of 0 to 10) with operating gains in each of the last five years. Return on equity has been low, averaging 2.2% over the last five years. Fair overall results on stability tests (4.5) in spite of healthy premium and capital growth during 2022 but an excessive 284% enrollment growth during the period. Rating is significantly influenced by the excellent financial results of Humana Inc. Excellent capitalization index (9.0) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent quality investment portfolio (8.4) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (9.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
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
Humana Inc
Investment Rating
Company Address
500 West Main Street
Louisville, KY 40202
Louisville, KY 40202
Phone Number
(502) 580-1000
NAIC Number
15886
Website
Largest Affiliates