Vibra Health Plan Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2018, 2019, 2020 and 2021. Average return on equity over the last five years has been extremely poor. Good overall results on stability tests (6.6) 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 acceptable financial results of Capital Blue Cross Inc. Excellent capitalization (7.6) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
PA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
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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
Capital Blue Cross Inc
Investment Rating
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Company Address
2500 Elmerton Avenue
Harrisburg, PA 17110
Harrisburg, PA 17110
Phone Number
(717) 510-6200
NAIC Number
15793
Website
Largest Affiliates