Longevity Hlth Plan NY Inc
Major Rating Factors:
Weak profitability index (0.7 on a scale of 0 to 10) with modest operating losses during 2019, 2020, 2021 and 2022. Average return on equity over the last five years has been poor at -67.2%. Fair capitalization index (4.2) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the good range over the last year. Fair overall results on stability tests (2.9) based on fair risk diversification due to the size of the company's affiliate group.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (7.8) containing small junk bond exposure.
Principal Lines of Business:
--
Licensed in:
NY
Principal Enrollment Breakdown:
--
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
Longevity Health Founders LLC
Investment Rating
--
Company Address
11780 U.S. Highway One
Palm Beach Gardens, FL 33408
Palm Beach Gardens, FL 33408
Phone Number
(561) 444-0710
NAIC Number
16364
Largest Affiliates