B
Florida Health Care Plan Inc
Rating Date
September 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.70
Risk Adjusted
Capital Ratio #2
2.25
Total
Assets
300.76M
Capital
186.72M
Health
Premiums
460.77M
Net
Income
22.87M
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Weiss Ratings Florida Health Care Plan Inc
Daytona Beach, FL 		Click to
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Rating B
Capitalization Index 8.68
Investment Safety Index 9.28
Liquidity Index 7.02
Profitability Index 8.45
Reserve Adequacy Index --
Stability Index 6.79
Company Info Florida Health Care Plan Inc
Daytona Beach, FL 		Click to
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Industry Health
NAIC Number 13567
Phone Number (386) 676-7176
Website www.fhcp.com
Address 2450 Mason Avenue Daytona Beach, FL 32114
Balance Sheet Florida Health Care Plan Inc
Daytona Beach, FL 		Click to
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Total Assets 300.76M
Capital and Reserves Florida Health Care Plan Inc
Daytona Beach, FL 		Click to
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Risk-Adjusted Capital Ratio #1 2.70
Risk-Adjusted Capital Ratio #2 2.25
1-Year Reserve Development --
2-Year Reserve Development --
Capital 186.72M
Premium to Surplus --
Reserves to Surplus --
Investments Florida Health Care Plan Inc
Daytona Beach, FL 		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 Florida Health Care Plan Inc
Daytona Beach, FL 		Click to
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Medical Loss Ratio 85.10%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Florida Health Care Plan Inc
Daytona Beach, FL 		Click to
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Bonus Pay 1.00K
Capitation Pay 18.79K
Contractual Pay 404.93K
Enrollment 86.25K
Fee For Service 57.50K
Medical Expense Per Member Per Month $1,283.00
Network Physicians 8.30K
Other Pay --
Salary Pay 74.28K
Total Patient Encounters - Physician 388.47K
Total Patient Encounters-Non-Physician 166.10K
Profitability Florida Health Care Plan Inc
Daytona Beach, FL 		Click to
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Net Income 22.87M
Net Premium 460.77M
Health Premium 460.77M