Humana Health Ins Co of FL Inc
Major Rating Factors:
Good overall results on stability tests (6.5 on a scale of 0 to 10) despite rapid premium growth over the last five years. Rating is significantly influenced by the excellent financial results of Humana Inc. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.2) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Other Rating Factors:
Excellent quality investment portfolio (9.2) containing small junk bond exposure. Weak profitability index (0.9) with operating losses during 2020, 2021 and 2023. Average return on equity over the last five years has been poor at -10.3%.
Principal Lines of Business:
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Licensed in:
AL, CO, FL, GA, IL, KY, MI, NC, SC, TN, TX, VA, WI
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Humana Inc
Investment Rating
Company Address
500 West Main Street
Louisville, KY 40202
Louisville, KY 40202
Phone Number
(305) 626-5616
NAIC Number
69671
Website
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