Amerihealth Caritas FL Inc
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2018 and 2019. Average return on equity over the last five years has been poor at -67.4%. Good overall results on stability tests (5.5) despite excessive capital growth during 2021. Rating is significantly influenced by the strong financial results of Independence Health Group Inc. Excellent capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.1) 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
