A
Priority Health
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
3.54
Risk Adjusted
Capital Ratio #2
2.95
Total
Assets
2.14B
Capital
1.24B
Health
Premiums
3.54B
Net
Income
148.19M
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Weiss Ratings Priority Health
Grand Rapids, MI 		Click to
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Rating A
Capitalization Index 9.73
Investment Safety Index 8.02
Liquidity Index 6.89
Profitability Index 6.87
Reserve Adequacy Index --
Stability Index 8.74
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 2.14B
Capital and Reserves Priority Health
Grand Rapids, MI 		Click to
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Risk-Adjusted Capital Ratio #1 3.54
Risk-Adjusted Capital Ratio #2 2.95
1-Year Reserve Development --
2-Year Reserve Development --
Capital 1.24B
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 90.19%
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 1.02M
Capitation Pay 5.15K
Contractual Pay 2.64M
Enrollment 707.11K
Fee For Service 189.34K
Medical Expense Per Member Per Month $608.00
Network Physicians 39.81K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 9.32M
Total Patient Encounters-Non-Physician 1.08M
Profitability Priority Health
Grand Rapids, MI 		Click to
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Net Income 148.19M
Net Premium 3.54B
Health Premium 3.54B
Weiss Ratings