Major Rating Factors:
Good overall profitability index (5.9 on a scale of 0 to 10) despite operating losses during 2019, 2020 and 2021. Good capitalization index (6.1) 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. Good overall results on stability tests (5.2). Rating is significantly influenced by the acceptable financial results of CVS Health Corporation.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MS
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
201 Jordan Road
Franklin, TN 37067
Franklin, TN 37067
Phone Number
(615) 905-5206
NAIC Number
16602
Website
Largest Affiliates