Major Rating Factors:
Excellent quality investment portfolio (7.5 on a scale of 0 to 10) containing small junk bond exposure. Fair overall results on stability tests (3.3) based on inconsistent enrollment growth in the past five years due to declines in 2019 and 2020, excessive capital growth during 2022 and a decline in the number of member physicians during 2022. Potentially strong support from affiliation with Sentara Health. Weak profitability index (0.9) with 184.5 million in losses in the last two years.
Other Rating Factors:
Weak capitalization index (2.8) based on weak current risk-adjusted capital (severe loss scenario). Weak liquidity (0.0) as a spike in claims may stretch capacity.
Principal Lines of Business:
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Licensed in:
FL
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
Sentara Health
Investment Rating
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Company Address
3470 NW 82nd Avenue
Doral, FL 33122
Doral, FL 33122
Phone Number
(352) 372-8400
NAIC Number
95263
Website
Largest Affiliates