Major Rating Factors:
Good overall profitability index (6.5 on a scale of 0 to 10) with operating gains in each of the last five years. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.1) based on a decline in the number of member physicians during 2021.
Other Rating Factors:
Excellent capitalization index (7.7) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent quality investment portfolio (9.6) 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
16272
Website
Largest Affiliates
