Longevity Hlth Plan NY Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during each of the last five years. Average return on equity has been poor at -65.9%. Fair capitalization index (4.5) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the good range over the last year. Fair overall results on stability tests (3.6) based on rapid premium growth over the last five years, fair risk diversification due to the size of the company's affiliate group.
Other Rating Factors:
Fair liquidity (3.3) as cash resources may not be adequate to cover a spike in claims. Excellent quality investment portfolio (9.4) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
NY
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
Longevity Health Founders LLC
Investment Rating
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Company Address
11780 U.S. Highway One
Palm Beach Gardens, FL 33408
Palm Beach Gardens, FL 33408
Phone Number
(561) 444-0710
NAIC Number
16364
Largest Affiliates