Priority Health Choice Inc
Major Rating Factors:
Excellent profitability (9.3 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent overall capitalization (8.7) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (7.7) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Potentially strong support from affiliation with Corewell Health.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments. Weak quality investment portfolio (2.7).
Principal Lines of Business:
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Licensed in:
MI
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Corewell Health
Investment Rating
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Company Address
1231 East Beltline, NE
Grand Rapids, MI 49525
Grand Rapids, MI 49525
Phone Number
(616) 464-8931
NAIC Number
11520
Website
Largest Affiliates
