Preferred Care Partners Inc

Miami, FL

Rating Date

June 2024

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

1.43

Risk Adjusted
Capital Ratio #2

1.19

Total
Assets

865.79M

Capital

253.71M

Health
Premiums

4.01B

Net
Income

164.83M

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Weiss Ratings	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.09
Investment Safety Index	8.26
Liquidity Index	6.81
Profitability Index	8.29
Reserve Adequacy Index	--
Stability Index	7.67

Company Info	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	11176
Phone Number	(305) 670-8438
Website	www.mypreferredcare.com
Address	9100 South Dadeland Boulevard Miami, FL 33156

Balance Sheet	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Total Assets	865.79M

Capital and Reserves	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.43
Risk-Adjusted Capital Ratio #2	1.19
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	253.71M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Preferred Care Partners Inc Miami, FL	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	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	85.59%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	226.04K
Capitation Pay	881.87K
Contractual Pay	1.84M
Enrollment	261.10K
Fee For Service	423.57K
Medical Expense Per Member Per Month	$1,143.00
Network Physicians	86.92K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	4.58M
Total Patient Encounters-Non-Physician	2.00M

Profitability	Preferred Care Partners Inc Miami, FL	Click to Compare	Click to Compare	Click to Compare
Net Income	164.83M
Net Premium	4.01B
Health Premium	4.01B