Paramount Care of Michigan Inc

Monroe, MI

Rating Date

November 2025

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

2.34

Risk Adjusted
Capital Ratio #2

1.95

Total
Assets

15.48M

Capital

9.96M

Health
Premiums

32.36M

Net
Income

15.67K

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Weiss Ratings	Paramount Care of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	8.23
Investment Safety Index	9.90
Liquidity Index	7.43
Profitability Index	8.77
Reserve Adequacy Index	--
Stability Index	8.34

Company Info	Paramount Care of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	02046
Phone Number	(734) 529-7800
Website	www.paramounthealthcare.com
Address	214 East Elm Avenue Monroe, MI 48162

Balance Sheet	Paramount Care of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
Total Assets	15.48M

Capital and Reserves	Paramount Care of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.34
Risk-Adjusted Capital Ratio #2	1.95
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	9.96M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Paramount Care of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
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 of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	92.11%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Paramount Care of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	0.00
Capitation Pay	0.00
Contractual Pay	23.78K
Enrollment	2.87K
Fee For Service	6.23K
Medical Expense Per Member Per Month	$884.00
Network Physicians	15.61K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	7.07K
Total Patient Encounters-Non-Physician	1.03K

Profitability	Paramount Care of Michigan Inc Monroe, MI	Click to Compare	Click to Compare	Click to Compare
Net Income	15.67K
Net Premium	32.36M
Health Premium	32.36M