Coventry Health & Life Ins Co
Major Rating Factors:
Fair overall results on stability tests (4.3 on a scale of 0 to 10). Rating is significantly influenced by the acceptable financial results of CVS Health Corporation. Good overall profitability index (6.6) despite a decline in earnings during 2023. Good quality investment portfolio (6.5) containing junk bond exposure equal to 71.5% of capital.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
All states except NY
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
5661 Telegraph road
Saint Louis, MO 63129
Saint Louis, MO 63129
Phone Number
(800) 843-7421
NAIC Number
81973
Largest Affiliates