Longevity Hlth Plan MI Inc
Major Rating Factors:
Fair overall results on stability tests (4.7 on a scale of 0 to 10) in spite of healthy premium and capital growth during 2022 but fair risk diversification due to the company's size and an excessive 121% enrollment growth during the period. Weak profitability index (1.7) with modest operating losses during 2020, 2021 and 2022. Good capitalization index (6.6) based on good current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.7) containing small junk bond exposure. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
MI
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
16779
Largest Affiliates