A
Priority Health
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
3.30
Risk Adjusted
Capital Ratio #2
2.75
Total
Assets
1.87B
Capital
1.21B
Health
Premiums
4.69B
Net
Income
111.93M
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Weiss Ratings Priority Health
Grand Rapids, MI 		Click to
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Rating A
Capitalization Index 9.43
Investment Safety Index 8.16
Liquidity Index 6.93
Profitability Index 6.05
Reserve Adequacy Index --
Stability Index 7.72
Company Info Priority Health
Grand Rapids, MI 		Click to
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Industry Health
NAIC Number 01262
Phone Number (616) 464-8931
Website www.priorityhealth.com
Address 1231 East Beltline, NE Grand Rapids, MI 49525
Balance Sheet Priority Health
Grand Rapids, MI 		Click to
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Total Assets 1.87B
Capital and Reserves Priority Health
Grand Rapids, MI 		Click to
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Risk-Adjusted Capital Ratio #1 3.30
Risk-Adjusted Capital Ratio #2 2.75
1-Year Reserve Development --
2-Year Reserve Development --
Capital 1.21B
Premium to Surplus --
Reserves to Surplus --
Investments Priority Health
Grand Rapids, MI 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Priority Health
Grand Rapids, MI 		Click to
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Medical Loss Ratio 88.82%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Priority Health
Grand Rapids, MI 		Click to
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Bonus Pay 970.53K
Capitation Pay 8.55K
Contractual Pay 2.98M
Enrollment 757.51K
Fee For Service 178.57K
Medical Expense Per Member Per Month $1,839.00
Network Physicians 41.38K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 10.18M
Total Patient Encounters-Non-Physician 1.02M
Profitability Priority Health
Grand Rapids, MI 		Click to
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Net Income 111.93M
Net Premium 4.69B
Health Premium 4.69B