Coventry Health Care of IL Inc
Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair quality investment portfolio (3.7). Excellent profitability (9.2) with operating gains in each of the last five years.
Other Rating Factors:
Excellent overall capitalization (9.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (8.0) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of CVS Health Corporation.
Principal Lines of Business:
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Licensed in:
IL, WI
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
3200 Highland Avenue
Downers Grove, IL 60515
Downers Grove, IL 60515
Phone Number
(847) 258-0800
NAIC Number
74160
Website
Largest Affiliates