B
PREFERRED CARE NETWORK INC
MiamiFL
Data as of
June 30, 2022
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (7.9). Strong capitalization (6.9) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors: High quality investment portfolio (7.5).
Principal Lines of Business: Medicare (99.6%), Medicaid (0.4%)
Licensed in: FL
Principal Enrollment Breakdown: HMO (100.0%)
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
0
Member Physicians
--
Enrollment
Total Patient Encounters
Physician
--
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
9100 South Dadeland Boulevard
MIAMI, FL 33156
Phone Number
(305) 670-8440
NAIC Number
12155
Website
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Largest Affiliates
No affiliate information available.
Weiss Ratings