Bupa Ins Co
Major Rating Factors:
Fair profitability index (3.8 on a scale of 0 to 10) due to a decline in earnings during 2022. Return on equity has been low, averaging 4.0% over the last five years. Weak overall results on stability tests (2.5) based on a steep decline in premium revenue in 2022, a decline in the number of member physicians during 2022. Excellent capitalization index (9.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.4) containing small junk bond exposure. Excellent liquidity (8.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
FL and VI
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
None
Investment Rating
--
Company Address
18001 Old Cutler Road
Palmetto Bay, FL 33157
Palmetto Bay, FL 33157
Phone Number
(305) 275-1400
NAIC Number
81647
Website
Largest Affiliates
No affiliate information available.