Anthem Hlth Plans of Maine Inc
Major Rating Factors:
Good overall results on stability tests (6.6 on a scale of 0 to 10) despite inconsistent enrollment growth in the past five years due to declines in 2020 and 2022. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.2) with operating gains in each of the last five years.
Other Rating Factors:
Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.6) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
ME
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
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Member Physicians
Enrollment
Total Patient Encounters
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Non-Physician
Corporate Info
Group Affiliation
Elevance Health Inc
Investment Rating
Company Address
Two Gannett Drive
South Portland, ME 04106
South Portland, ME 04106
Phone Number
(866) 583-6182
NAIC Number
52618
Website
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