C
Florida Blue Medicare Inc
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings Florida Blue Medicare Inc
Jacksonville, FL
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Rating C
Capitalization Index 8.20
Investment Safety Index 7.05
Liquidity Index 6.84
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 5.19
Company Info Florida Blue Medicare Inc
Jacksonville, FL
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Industry Health
NAIC Number 16490
Phone Number (904) 791-6111
Website www.floridablue.com
Address 4800 Deerwood Campus Parkway Jacksonville, FL 32246
Balance Sheet Florida Blue Medicare Inc
Jacksonville, FL
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Total Assets 428.94M
Capital and Reserves Florida Blue Medicare Inc
Jacksonville, FL
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Risk-Adjusted Capital Ratio #1 2.32
Risk-Adjusted Capital Ratio #2 1.93
1-Year Reserve Development --
2-Year Reserve Development --
Capital 199.56M
Premium to Surplus --
Reserves to Surplus --
Investments Florida Blue Medicare Inc
Jacksonville, FL
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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 Florida Blue Medicare Inc
Jacksonville, FL
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Medical Loss Ratio 93.76%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Florida Blue Medicare Inc
Jacksonville, FL
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Bonus Pay 25.46K
Capitation Pay 309.11K
Contractual Pay 732.96K
Enrollment 90.16K
Fee For Service 3.25K
Medical Expense Per Member Per Month $1,012.00
Network Physicians 0.00
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.04M
Total Patient Encounters-Non-Physician 417.03K
Profitability Florida Blue Medicare Inc
Jacksonville, FL
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Net Income -67.09M
Net Premium 1.14B
Health Premium 1.14B
Weiss Ratings