Major Rating Factors:
Fair quality investment portfolio (4.6 on a scale of 0 to 10). Fair overall results on stability tests (4.3) based on a significant -21% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of CVS Health Corporation. Good overall profitability index (6.5) with operating gains in each of the last five years.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
--
Licensed in:
All states except NY
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CVS Health Corporation
Investment Rating
Company Address
15400 Calhoun Drive
Rockville, MD 20855
Rockville, MD 20855
Phone Number
(800) 843-7421
NAIC Number
81973
Website
Largest Affiliates
