Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) due to a decline in earnings during 2022. Weak quality investment portfolio (0.0) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Weak overall results on stability tests (1.9) based on rapid premium growth over the last five years, poor risk diversification due to the company's size and rapid enrollment growth during the past five years.
Other Rating Factors:
Fair capitalization index (3.1) based on fair current risk-adjusted capital (severe loss scenario). Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
(No states)
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
None
Investment Rating
--
Company Address
715 Ponce De Leon Avenue
San Juan, PR 00917
San Juan, PR 00917
Phone Number
(787) 758-2000
NAIC Number
12587
Website
Largest Affiliates
No affiliate information available.