D
AETNA BETTER HEALTH OF FLORIDA INC
Data as of
December 31, 2020
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (3.6 on a scale of 0 to 10). Good overall results on stability tests (5.0) based on an excessive 40% enrollment growth during the period, a decline in the number of member physicians during 2020. Good liquidity (5.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Strong capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (9.0).
Principal Lines of Business: Medicaid (76.7%), comp med (23.3%)
Licensed in: FL
Principal Enrollment Breakdown: HMO (100.0%)
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
246
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
0
Member Physicians
--
Enrollment
Total Patient Encounters
Physician
--
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1340 CONCORD TERRACE
PLANTATION, FL 33324
Phone Number
(954) 693-2501
NAIC Number
95114
Website
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Largest Affiliates
No affiliate information available.
Weiss Ratings