Major Rating Factors:
Fair profitability index (3.8 on a scale of 0 to 10) with operating losses during 2022. Fair overall results on stability tests (4.2) based on excessive capital growth during 2023, a decline in the number of member physicians during 2023. Good liquidity (5.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (9.3) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.3) containing small junk bond exposure.
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
Health First Inc
Investment Rating
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Company Address
6450 US Highway One
Rockledge, FL 32955
Rockledge, FL 32955
Phone Number
(321) 434-5600
NAIC Number
15880
Website
Largest Affiliates