D
First Medical Health Plan Inc
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
0.52
Risk Adjusted
Capital Ratio #2
0.44
Total
Assets
236.60M
Capital
62.16M
Health
Premiums
1.53B
Net
Income
-3.47M
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Weiss Ratings First Medical Health Plan Inc
Guaynabo, PR 		Click to
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Rating D
Capitalization Index 2.28
Investment Safety Index 7.33
Liquidity Index 6.86
Profitability Index 2.09
Reserve Adequacy Index --
Stability Index 3.12
Company Info First Medical Health Plan Inc
Guaynabo, PR 		Click to
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Industry Health
NAIC Number 02166
Phone Number (787) 474-3999
Website www.firstmedicalpr.com
Address 530 Marginal Buchanan Guaynabo, PR 00966
Balance Sheet First Medical Health Plan Inc
Guaynabo, PR 		Click to
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Total Assets 236.60M
Capital and Reserves First Medical Health Plan Inc
Guaynabo, PR 		Click to
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Risk-Adjusted Capital Ratio #1 0.52
Risk-Adjusted Capital Ratio #2 0.44
1-Year Reserve Development --
2-Year Reserve Development --
Capital 62.16M
Premium to Surplus --
Reserves to Surplus --
Investments First Medical Health Plan Inc
Guaynabo, PR 		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 First Medical Health Plan Inc
Guaynabo, PR 		Click to
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Medical Loss Ratio 92.53%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical First Medical Health Plan Inc
Guaynabo, PR 		Click to
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Bonus Pay 0.00
Capitation Pay 980.81K
Contractual Pay 444.07K
Enrollment 576.69K
Fee For Service 0.00
Medical Expense Per Member Per Month $819.00
Network Physicians 0.00
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 3.48M
Total Patient Encounters-Non-Physician 9.48K
Profitability First Medical Health Plan Inc
Guaynabo, PR 		Click to
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Net Income -3.47M
Net Premium 1.53B
Health Premium 1.53B