Longevity Hlth Plan of NC Inc
Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) in spite of healthy premium and capital growth during 2023 but fair risk diversification due to the company's size. Good overall profitability index (5.4) despite a decline in earnings during 2023. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (8.1) based on excellent 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 (9.9) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
NC
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
11770 U.S. Highway One
Palm Beach Gardens, FL 33408
Palm Beach Gardens, FL 33408
Phone Number
(561) 444-0710
NAIC Number
16768
Largest Affiliates