Major Rating Factors:
Fair quality investment portfolio (3.7 on a scale of 0 to 10). Good overall profitability index (5.6) despite a decline in earnings during 2021. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (9.6) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (6.9). Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Principal Lines of Business:
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Licensed in:
NY
Principal Enrollment Breakdown:
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