Amerihealth Caritas FL Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) due to a decline in earnings during 2022. Average return on equity over the last five years has been poor at -65.8%. Good overall results on stability tests (5.7) despite fair risk-adjusted capital in prior years. Rating is significantly influenced by the strong financial results of Independence Health Group Inc. Excellent capitalization (9.3) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors:
Excellent quality investment portfolio (9.0) 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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Independence Health Group Inc
Investment Rating
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Company Address
11631 Kew Gardens Avenue
Palm Beach Gardens, FL 33410
Palm Beach Gardens, FL 33410
Phone Number
(215) 937-8000
NAIC Number
14378
Largest Affiliates
