Priority Health Choice Inc
Major Rating Factors:
Good overall results on stability tests (6.3 on a scale of 0 to 10) despite excessive capital growth during 2021, rapid enrollment growth during the past five years. Fair quality investment portfolio (4.8). Excellent profitability (8.5) with operating gains in each of the last five years.
Other Rating Factors:
Excellent overall capitalization (9.5) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MI
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
Corewell Health
Investment Rating
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Company Address
1231 East Beltline, NE
Grand Rapids, MI 49525
Grand Rapids, MI 49525
Phone Number
(616) 464-8931
NAIC Number
11520
Website
Largest Affiliates
