C
Paramount Care Inc
Toledo,  OH
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
0.91
Risk Adjusted
Capital Ratio #2
0.76
Total
Assets
73.68M
Capital
19.34M
Health
Premiums
174.08M
Net
Income
-2.65M
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Weiss Ratings Paramount Care Inc
Toledo, OH 		Click to
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Rating C
Capitalization Index 4.88
Investment Safety Index 9.90
Liquidity Index 7.14
Profitability Index 2.69
Reserve Adequacy Index --
Stability Index 3.98
Company Info Paramount Care Inc
Toledo, OH 		Click to
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Industry Health
NAIC Number 01398
Phone Number (419) 887-2500
Website www.paramounthealthcare.com
Address 300 Madison Ave Toledo, OH 43604
Balance Sheet Paramount Care Inc
Toledo, OH 		Click to
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Total Assets 73.68M
Capital and Reserves Paramount Care Inc
Toledo, OH 		Click to
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Risk-Adjusted Capital Ratio #1 0.91
Risk-Adjusted Capital Ratio #2 0.76
1-Year Reserve Development --
2-Year Reserve Development --
Capital 19.34M
Premium to Surplus --
Reserves to Surplus --
Investments Paramount Care Inc
Toledo, OH 		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 Paramount Care Inc
Toledo, OH 		Click to
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Medical Loss Ratio 93.74%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Paramount Care Inc
Toledo, OH 		Click to
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Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 131.37K
Enrollment 12.53K
Fee For Service 28.15K
Medical Expense Per Member Per Month $1,068.00
Network Physicians 32.81K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 23.92K
Total Patient Encounters-Non-Physician 3.22K
Profitability Paramount Care Inc
Toledo, OH 		Click to
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Net Income -2.65M
Net Premium 174.08M
Health Premium 174.08M
Weiss Ratings