NHC Advantage LLC
Major Rating Factors:
Good overall profitability index (5.3 on a scale of 0 to 10) despite a decline in earnings during 2023. Good capitalization (5.7) based on good current risk-adjusted capital (severe loss scenario) reflecting some improvement over results in 2021. Good overall results on stability tests (5.0) in spite of consistent premium and capital growth in the last five years but fair risk diversification due to the company's size. Potentially strong support from affiliation with National HealthCare Corporation.
Other Rating Factors:
Excellent quality investment portfolio (9.7) containing small junk bond exposure. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MO, SC, TN
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
National HealthCare Corporation
Investment Rating
Company Address
10900 Nuckols Road
Glen Allen, VA 23060
Glen Allen, VA 23060
Phone Number
(804) 396-6412
NAIC Number
16000
Website
Largest Affiliates
No affiliate information available.