B
Priority Health Ins Co
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.48
Risk Adjusted
Capital Ratio #2
1.24
Total
Assets
141.96M
Capital
61.64M
Health
Premiums
361.52M
Net
Income
1.81M
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Weiss Ratings Priority Health Ins Co
Grand Rapids, MI 		Click to
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Rating B
Capitalization Index 7.16
Investment Safety Index 3.22
Liquidity Index 6.99
Profitability Index 3.89
Reserve Adequacy Index --
Stability Index 4.69
Company Info Priority Health Ins Co
Grand Rapids, MI 		Click to
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Industry Health
NAIC Number 12208
Phone Number (616) 942-0954
Website www.priorityhealth.com
Address 1231 East Beltline, NE Grand Rapids, MI 49525
Balance Sheet Priority Health Ins Co
Grand Rapids, MI 		Click to
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Total Assets 141.96M
Capital and Reserves Priority Health Ins Co
Grand Rapids, MI 		Click to
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Risk-Adjusted Capital Ratio #1 1.48
Risk-Adjusted Capital Ratio #2 1.24
1-Year Reserve Development --
2-Year Reserve Development --
Capital 61.64M
Premium to Surplus --
Reserves to Surplus --
Investments Priority Health Ins Co
Grand Rapids, MI 		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 Priority Health Ins Co
Grand Rapids, MI 		Click to
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Medical Loss Ratio 89.51%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Priority Health Ins Co
Grand Rapids, MI 		Click to
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Bonus Pay 48.24K
Capitation Pay 0.00
Contractual Pay 151.48K
Enrollment 62.33K
Fee For Service 74.57K
Medical Expense Per Member Per Month $423.00
Network Physicians 41.52K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 533.66K
Total Patient Encounters-Non-Physician 28.24K
Profitability Priority Health Ins Co
Grand Rapids, MI 		Click to
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Net Income 1.81M
Net Premium 361.52M
Health Premium 361.52M
Weiss Ratings