A
PRIORITY HEALTH
Data as of
June 30, 2022
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: Excellent overall profitability index (6.9 on a scale of 0 to 10). Strong capitalization index (9.8) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (8.0).
Other Rating Factors: Excellent overall results on stability tests (8.4). Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: Comp med (50.5%), Medicare (48.4%), med supp (0.8%), FEHB (0.3%)
Licensed in: MI
Principal Enrollment Breakdown: HMO (59.1%), other (32.9%), POS (8.0%)
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
492
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
0
Member Physicians
--
Enrollment
Total Patient Encounters
Physician
--
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1231 East Beltline Ne
GRAND RAPIDS, MI 49525
Phone Number
(616) 464-8931
NAIC Number
95561
Website
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Largest Affiliates
No affiliate information available.
Weiss Ratings