B
Anthem Ins Companies Inc
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair quality investment portfolio (3.5 on a scale of 0 to 10). Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (9.1) despite a decline in earnings during 2021.
Other Rating Factors: Excellent overall capitalization (9.5) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (8.2) based on steady enrollment growth, averaging 6% over the past five years, consistent premium and capital growth in the last five years.
Principal Lines of Business: --
Licensed in: All states except AK, DE, HI, MA, MI, MN, NJ, PA, RI, VT, WV
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
316
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Elevance Health Inc
Investment Rating
ELV
Company Address
220 Virginia Avenue
Indianapolis, IN 46204
Phone Number
(317) 432-6988
NAIC Number
28207
Largest Affiliates
B
Richmond, VA - Health
B
Mason, OH - Health
B
New York, NY - Health
C
Woodland Hills, CA - Health
B
Indianapolis, IN - Health
Weiss Ratings