Doctors Healthcare Plans Inc
Major Rating Factors:
Weak profitability index (0.7 on a scale of 0 to 10) with 79.4 million in losses in the last five years. Average return on equity has been extremely poor. Weak capitalization index (0.0) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.2) based on a decline in the number of member physicians during 2022.
Other Rating Factors:
Weak liquidity (0.0) as a spike in claims may stretch capacity. Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2020 Ponce de Leon Boulevard
Coral Gables, FL 33134
Coral Gables, FL 33134
Phone Number
(786) 578-0954
NAIC Number
16271
Website
Largest Affiliates
No affiliate information available.