Florida Health Care Plan Inc
Major Rating Factors:
Good overall results on stability tests (6.6 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of GuideWell Mutual Holding Corporation. Excellent profitability (8.5) despite a decline in earnings during 2022. Excellent overall capitalization (8.4) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.3) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
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) 676-7100
NAIC Number
13567
Website
Largest Affiliates
