Devoted Health Plan of FL Inc

Waltham, MA

Rating Date

April 2025

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

2.73

Risk Adjusted
Capital Ratio #2

2.28

Total
Assets

176.12M

Capital

97.84M

Health
Premiums

479.51M

Net
Income

-14.98M

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Weiss Ratings	Devoted Health Plan of FL Inc Waltham, MA	Click to Compare	Click to Compare	Click to Compare
Rating	D
Capitalization Index	8.72
Investment Safety Index	0.00
Liquidity Index	6.98
Profitability Index	1.90
Reserve Adequacy Index	--
Stability Index	6.07

Company Info	Devoted Health Plan of FL Inc Waltham, MA	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	16358
Phone Number	(860) 916-9120
Website	--
Address	221 Crescent Street Waltham, MA 02453

Balance Sheet	Devoted Health Plan of FL Inc Waltham, MA	Click to Compare	Click to Compare	Click to Compare
Total Assets	176.12M

Capital and Reserves	Devoted Health Plan of FL Inc Waltham, MA	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.73
Risk-Adjusted Capital Ratio #2	2.28
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	97.84M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Devoted Health Plan of FL Inc Waltham, MA	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	Devoted Health Plan of FL Inc Waltham, MA	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	95.71%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Devoted Health Plan of FL Inc Waltham, MA	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	2.43K
Capitation Pay	228.78K
Contractual Pay	214.81K
Enrollment	35.89K
Fee For Service	14.62K
Medical Expense Per Member Per Month	$4,276.00
Network Physicians	83.23K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	399.88K
Total Patient Encounters-Non-Physician	161.87K

Profitability	Devoted Health Plan of FL Inc Waltham, MA	Click to Compare	Click to Compare	Click to Compare
Net Income	-14.98M
Net Premium	479.51M
Health Premium	479.51M