Preferred Care Partners Inc

Miami, FL

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

1.88

Risk Adjusted
Capital Ratio #2

1.56

Total
Assets

1.26B

Capital

291.82M

Health
Premiums

3.00B

Net
Income

131.75M

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Weiss Ratings	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.64
Investment Safety Index	7.89
Liquidity Index	6.62
Profitability Index	8.62
Reserve Adequacy Index	--
Stability Index	6.06

Company Info	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	11176
Phone Number	(305) 670-8438
Website	www.mypreferredcare.com
Address	9100 South Dadeland Boulevard Miami, FL 33156

Balance Sheet	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Total Assets	1.26B

Capital and Reserves	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.88
Risk-Adjusted Capital Ratio #2	1.56
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	291.82M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
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	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	86.08%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	173.53K
Capitation Pay	937.84K
Contractual Pay	1.48M
Enrollment	255.28K
Fee For Service	363.36K
Medical Expense Per Member Per Month	$1,342.00
Network Physicians	82.32K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	3.99M
Total Patient Encounters-Non-Physician	1.60M

Profitability	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Net Income	131.75M
Net Premium	3.00B
Health Premium	3.00B