Florida Health Care Plan Inc
Major Rating Factors:
Excellent profitability (8.4 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent overall capitalization (8.8) based on excellent current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent quality investment portfolio (9.3) containing small junk bond exposure.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.8). Rating is significantly influenced by the strong financial results of GuideWell Mutual Holding Corporation.
Principal Lines of Business:
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Licensed in:
FL
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
GuideWell Mutual Holding Corporation
Investment Rating
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Company Address
2450 Mason Avenue
Daytona Beach, FL 32114
Daytona Beach, FL 32114
Phone Number
(386) 676-7176
NAIC Number
13567
Website
Largest Affiliates