Longevity Hlth Plan New Jersey
Major Rating Factors:
Fair profitability index (4.0 on a scale of 0 to 10) with operating losses during 2020. Fair overall results on stability tests (4.8) in spite of healthy premium and capital growth during 2022 but fair risk diversification due to the company's size. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (7.4) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent quality investment portfolio (8.4) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
NJ
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
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Fee For Service
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Contractual Pay
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Salary
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Bonus
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Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
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Corporate Info
Group Affiliation
Longevity Health Founders LLC
Investment Rating
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Company Address
11770 U.S. Highway One
Palm Beach Gardens, FL 33408
Palm Beach Gardens, FL 33408
Phone Number
(561) 444-0710
NAIC Number
16355
Largest Affiliates