Major Rating Factors:
Fair profitability index (4.2 on a scale of 0 to 10) with operating losses during 2022. Fair overall results on stability tests (4.5) based on an excessive 33% enrollment growth during the period, excessive capital growth during 2023. Excellent capitalization index (8.4) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.8) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
FL
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Health First Inc
Investment Rating
--
Company Address
6450 US Highway One
Rockledge, FL 32955
Rockledge, FL 32955
Phone Number
(321) 434-5600
NAIC Number
16272
Website
Largest Affiliates