Carelon Health of PA Inc
Major Rating Factors:
Fair overall results on stability tests (4.6 on a scale of 0 to 10) based on a significant -100% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent profitability (10.0) despite a decline in earnings during 2022. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital has steadily grown over the last five years.
Other Rating Factors:
Excellent quality investment portfolio (9.0) containing small junk bond exposure. Excellent liquidity (10.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
PA
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Elevance Health Inc
Investment Rating
Company Address
1400 Crossways Boulevard
Chesapeake, VA 23320
Chesapeake, VA 23320
Phone Number
(757) 459-5418
NAIC Number
47025
Website
Largest Affiliates