C
ProCare Advantage LLC
Rating Date
January 2026
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
0.82
Risk Adjusted
Capital Ratio #2
0.68
Total
Assets
8.34M
Capital
3.77M
Health
Premiums
25.69M
Net
Income
399.52K
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Weiss Ratings ProCare Advantage LLC
Glen Allen, VA 		Click to
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Rating C
Capitalization Index 4.24
Investment Safety Index 9.90
Liquidity Index 6.99
Profitability Index 2.34
Reserve Adequacy Index --
Stability Index 3.00
Company Info ProCare Advantage LLC
Glen Allen, VA 		Click to
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Industry Health
NAIC Number 16477
Phone Number (804) 396-6412
Website procareadvantageplan.com
Address 10900 Nuckols Road Glen Allen, VA 23060
Balance Sheet ProCare Advantage LLC
Glen Allen, VA 		Click to
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Total Assets 8.34M
Capital and Reserves ProCare Advantage LLC
Glen Allen, VA 		Click to
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Risk-Adjusted Capital Ratio #1 0.82
Risk-Adjusted Capital Ratio #2 0.68
1-Year Reserve Development --
2-Year Reserve Development --
Capital 3.77M
Premium to Surplus --
Reserves to Surplus --
Investments ProCare Advantage LLC
Glen Allen, VA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios ProCare Advantage LLC
Glen Allen, VA 		Click to
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Medical Loss Ratio 84.09%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical ProCare Advantage LLC
Glen Allen, VA 		Click to
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Bonus Pay 2.52K
Capitation Pay 5.53K
Contractual Pay 13.75K
Enrollment 825.00
Fee For Service 0.00
Medical Expense Per Member Per Month $2,541.00
Network Physicians 20.42K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 13.90K
Total Patient Encounters-Non-Physician 37.31K
Profitability ProCare Advantage LLC
Glen Allen, VA 		Click to
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Net Income 399.52K
Net Premium 25.69M
Health Premium 25.69M