E
FLORIDA TRUE HEALTH INC
Palm Beach Gardens, FL
Data as of
June 30, 2020
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.61
Risk Adjusted
Capital Ratio #2
1.34
Total
Assets
110.12M
Capital
46.80M
Health
Premiums
152.34M
Net
Income
5.74M
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Major Rating Factors: Weak profitability index (0.7 on a scale of 0 to 10). Strong capitalization (7.3) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (9.8).
Other Rating Factors: Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: Medicaid (100.0%)
Licensed in: FL
Principal Enrollment Breakdown: HMO (100.0%)
Other Highlights
Medical Loss Ratio
97.2%
Medical Expense
Per Member Per Month ($)
308
Provider Compensation ($000)
Capitation Pay
42,070
Fee For Service
0
Contractual Pay
348,641
Salary
0
Bonus
0
Other
0
Member Physicians
11,972
Enrollment
86,176
Total Patient Encounters
Physician
11,972
Non-Physician
293,479
Corporate Info
Group Affiliation
INDEPENDENCE HEALTH GROUP INC
Investment Rating
--
Company Address
11631 Kew Gardens Ave Suite 2
Palm Beach Gardens, FL 33410
Phone Number
(215) 937-8000
NAIC Number
14378
Website
--
Largest Affiliates
No affiliate information available.
Weiss Ratings