Comparison - First Care Inc - Weiss Ratings

B

First Care Inc

Owings Mills, MD

Rating Date

June 2024

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

1.31

Risk Adjusted
Capital Ratio #2

1.09

Total
Assets

61.09M

Capital

45.36M

Health
Premiums

118.94M

Net
Income

10.83M

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Weiss Ratings	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	6.94
Investment Safety Index	7.47
Liquidity Index	7.81
Profitability Index	6.04
Reserve Adequacy Index	--
Stability Index	7.89

Company Info	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	60113
Phone Number	(410) 581-3000
Website	individual.carefirst.com
Address	10455 Mill Run Circle Owings Mills, MD 21117

Balance Sheet	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
Total Assets	61.09M

Capital and Reserves	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.31
Risk-Adjusted Capital Ratio #2	1.09
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	45.36M
Premium to Surplus	--
Reserves to Surplus	--

Investments	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
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	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	64.65%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	0.00
Capitation Pay	0.00
Contractual Pay	30.48K
Enrollment	22.99K
Fee For Service	2.87K
Medical Expense Per Member Per Month	$290.00
Network Physicians	66.88K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	268.67K
Total Patient Encounters-Non-Physician	132.98K

Profitability	First Care Inc Owings Mills, MD	Click to Compare	Click to Compare	Click to Compare
Net Income	10.83M
Net Premium	119.50M
Health Premium	118.94M