Florida Blue Medicare Inc
Major Rating Factors:
Good overall results on stability tests (5.2 on a scale of 0 to 10) based on steady enrollment growth, averaging 4% over the past five years. Rating is significantly influenced by the strong financial results of GuideWell Mutual Holding Corporation. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak profitability index (0.9) with 288.5 million in losses in the last three years.
Other Rating Factors:
Excellent capitalization index (8.2) based on good current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (7.1) containing small junk bond exposure.
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
GuideWell Mutual Holding Corporation
Investment Rating
--
Company Address
4800 Deerwood Campus Parkway
Jacksonville, FL 32246
Jacksonville, FL 32246
Phone Number
(904) 791-6111
NAIC Number
16490
Website
Largest Affiliates
