Bright Hlth Ins Co TN
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 33.8 million in losses in the last four years. Fair overall results on stability tests (4.2) based on an excessive 65% enrollment growth during the period. Rating is significantly influenced by the weak financial results of Bright Health Group Inc. Excellent capitalization index (9.3) 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 (9.9) containing small junk bond exposure. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TN
Principal Enrollment Breakdown:
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