Major Rating Factors:
Good quality investment portfolio (5.3 on a scale of 0 to 10) containing junk bond exposure equal to 90.8% of capital. Good overall results on stability tests (6.0) despite a decline in the number of member physicians during 2022. Rating is influenced by the acceptable financial results of Lifetime Healthcare Inc. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability (7.2) despite a decline in earnings during 2022. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Lifetime Healthcare Inc
Investment Rating
--
Company Address
165 Court Street
Rochester, NY 14647
Rochester, NY 14647
Phone Number
(585) 399-6652
NAIC Number
55107
Website
Largest Affiliates