D
ProCare Advantage LLC
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.09
Risk Adjusted
Capital Ratio #2
0.91
Total
Assets
8.26M
Capital
3.20M
Health
Premiums
18.77M
Net
Income
666.24K
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Weiss Ratings ProCare Advantage LLC
Carrollton, TX 		Click to
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Rating D
Capitalization Index 6.08
Investment Safety Index 9.90
Liquidity Index 7.24
Profitability Index 1.90
Reserve Adequacy Index --
Stability Index 2.85
Company Info ProCare Advantage LLC
Carrollton, TX 		Click to
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Industry Health
NAIC Number 16477
Phone Number (804) 396-6412
Website www.procareadvantageplan.com
Address 2537 Golden Bear Drive Carrollton, TX 75006
Balance Sheet ProCare Advantage LLC
Carrollton, TX 		Click to
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Total Assets 8.26M
Capital and Reserves ProCare Advantage LLC
Carrollton, TX 		Click to
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Risk-Adjusted Capital Ratio #1 1.09
Risk-Adjusted Capital Ratio #2 0.91
1-Year Reserve Development --
2-Year Reserve Development --
Capital 3.20M
Premium to Surplus --
Reserves to Surplus --
Investments ProCare Advantage LLC
Carrollton, TX 		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
Carrollton, TX 		Click to
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Medical Loss Ratio 79.59%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical ProCare Advantage LLC
Carrollton, TX 		Click to
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Bonus Pay 21.00
Capitation Pay 4.80K
Contractual Pay 9.24K
Enrollment 569.00
Fee For Service 0.00
Medical Expense Per Member Per Month $8,844.00
Network Physicians 15.98K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 9.96K
Total Patient Encounters-Non-Physician 25.89K
Profitability ProCare Advantage LLC
Carrollton, TX 		Click to
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Net Income 666.24K
Net Premium 18.77M
Health Premium 18.77M