Weiss Ratings, Inc.



HMO Failures * Back

* The company is deemed to have failed if at any time it was either 1) under supervision of an insurance regulatory authority; 2) in the process of rehabilitation; 3) in the process of liquidation; or 4) voluntarily dissolved after disciplinary or other regulatory action by an insurance regulatory authority.

2007

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Suncoast Physicians Health Plan, Inc Florida 8/10/2007 2.1 U (Unrated)
Universal Health Care Ins Co Inc Florida 2/21/2007 N/A U (Unrated)

2006

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
DoctorCare Inc Florida 11/20/2006 11.4 U (Unrated)
Ultimed HMO of Michigan Inc Michigan 1/25/2006 2.7 D- (Weak)

2005

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
MagnaHealth of NY Inc New York 8/24/2005 2.4 D (Weak)
UAHC Health Plan of Tennessee Tennessee 4/21/2005 12.3 C+ (Fair)
Amil International (Texas), Inc Texas 3/7/2005 9.9 E (Very Weak)

2004

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Family Health Care Plus Mississippi 7/15/2004 25.3 U (Unrated)
Metrowest Health Plan, Inc Texas 6/10/2004 7.2 B (Good)
PrimeHealth of Alabama Inc Alabama 2/13/2004 3.7 E (Very Weak)

2003

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Wellness Plan Michigan 7/1/2003 56.9 D (Weak)
Community Choice Michigan Michigan 5/12/2003 24.6 C- (Fair)
Providers Direct Health Plan of Georgia, Inc Georgia 3/28/2003 4.9 U (Unrated)

2002

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Community Health Plan of the Rockies Colorado 12/16/2002 14.3 D- (Weak)
Health Plan of the Redwoods California 10/1/2002 42.8 C- (Fair)
Amcare Health Plans of Lousiana, Inc Lousiana 9/27/2002 12.0 D+ (Weak)
Amcare Health Plans of OK Inc Oklahoma 9/18/2002 16.9 E+ (Very Weak)
Lifeguard Inc. California 9/13/2002 120.2 C- (Fair)
Universal Care of Tennessee Tennessee 9/13/2002 N/A U (Unrated)
Renaissance Health Plan Ohio 8/22/2002 21.2 E (Very Weak)
Oath for Louisiana Inc, The Louisiana 4/10/2002 79.5 E+ (Very Weak)
Amcare Health Plans of Texas Inc Texas 4/5/2002 35.8 D (Weak)
Peoples Health Plan of Ohio Ohio 3/28/2002 N/A U (Unrated)

2001

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Medical One Inc. Puerto Rico 11/21/2001 4.5 E- (Very Weak)
Tennessee Coordinated Care Network Tennessee 11/2/2001 88.5 D- (Weak)
Tower Health (Cohen Medical Corp.) California 9/13/2001 N/A U (Unrated)
Southern Health Systems Alabama 8/24/2001 2.4 D- (Weak)
UHP Healthcare/Watts Health Foundation California 8/8/2001 62.6 D- (Weak)
HRM Health Plans (PA) Inc. Pennsylvania 8/1/2001 30.7 D- (Weak)
Omnicare Health Plan Michigan 7/30/2001 25.8 E- (Very Weak)
University Health Alliance Hawaii 7/5/2001 7.4 E+ (Very Weak)
Gulf South Health Plans Inc. Louisiana 6/19/2001 33.6 D- (Weak)
Maxicare California 5/25/2001 61.6 E+ (Very Weak)
Maxicare Indiana Indiana 5/4/2001 26.6 D- (Weak)

2000

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Advantage Care Inc. Kentucky 11/8/2000 12.5 D- (Weak)
North Medical Community Health Plan Inc. New York 10/20/2000 N/A U (Unrated)
Family Health Plan Cooperative Wisconsin 10/16/2000 61.7 D (Weak)
Health Network of Colorado Springs Colorado 8/14/2000 2.6 D- (Weak)
Total Health Care Plan Inc Ohio 7/26/2000 18.0 C- (Fair)
HIP Health Plan of Fla. Florida 7/19/2000 64.3 D- (Weak)
Directcare Inc. Alabama 6/15/2000 4.3 E- (Very Weak)
American HMO Inc Illinois 5/11/2000 14.8 D (Weak)
American Preferred Provider Plan - Mid-Atlantic In District of Columbia 4/26/2000 N/A U (Unrated)
American Healthcare Providers Illinois 2/2/2000 23.2 E+ (Very Weak)
Sunstar HealthPlan Florida 2/1/2000 17.9 E (Very Weak)
Mississippi Managed Care Network, Inc. Mississippi 1/28/2000 5.5 D- (Weak)
American Healthcare Trust, Inc Tennessee 1/21/2000 3.0 D (Weak)
Beacon Health Plans, Inc Florida 1/20/2000 8.5 E- (Very Weak)
Harvard Pilgrim Health Care Inc. Massachusetts 1/4/2000 701.9 D+ (Weak)
Harvard Pilgrim Healthcare of New England Massachusetts 1/4/2000 12.3 C- (Fair)
Harvard University Group Health Plan Massachusetts 1/4/2000 N/A U (Unrated)
Pilgrim Health Care Inc. Massachusetts 1/4/2000 152.7 D+ (Weak)

1999

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Tufts Hthplan of New England New Hampshire 11/22/1999 68.7 C- (Fair)
Premier Health Care Inc. Arizona 11/16/1999 13.0 E (Very Weak)
Physicians Care HMO, Inc Pennsylvania 11/1/1999 1.5 U (Unrated)
Owensboro Comm Healthplan Kentucky 10/31/1999 3.2 D+ (Weak)
Harvard Pilgrim Healthcare of New England Rhode Island 10/6/1999 83.0 D+ (Weak)
Patients Choice, Inc Louisiana 9/30/1999 5.0 U (Unrated)
Garden State Health Plan New Jersey 9/27/1999 N/A U (Unrated)
HealthOhio Ohio 9/27/1999 20.2 D- (Weak)
Vantage Health Plan Inc Florida 9/14/1999 1.4 U (Unrated)
Wellcare Healthplans of Texas(formerly Certus Heal Texas 8/13/1999 3.1 E- (Very Weak)
Xantus Hthplan of MS, Inc. Mississippi 8/9/1999 103.6 D- (Weak)
KPS Health Plans Washington 8/2/1999 26.1 D+ (Weak)
Greater Pacific HMO California 6/25/1999 2.7 D- (Weak)
FirstChoice Healthplans of CT(formerly Wellcare of Connecticut 6/3/1999 5.3 E+ (Very Weak)
Horizon Health Kansas 5/20/1999 3.0 E- (Very Weak)
Suburban Healthplan, Inc. Connecticut 5/20/1999 3.9 E- (Very Weak)
Community Healthplan Kansas 5/3/1999 1.3 U (Unrated)
Healthplan of America (HPA) New Jersey 4/27/1999 N/A U (Unrated)
American Preferred Provider New Jersey 4/20/1999 N/A U (Unrated)
Daymed HMO Ohio 3/31/1999 8.6 E- (Very Weak)
Xantus Healthplan of Tenn Tennessee 3/31/1999 10.6 D- (Weak)
MedPartners Provider Network, Inc. California 3/11/1999 N/A U (Unrated)
Comprehensive Hth Svc of TX Texas 2/1/1999 2.5 C- (Fair)

1998

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
HIP Health Plan of New Jersey New Jersey 11/20/1998 107.6 E+ (Very Weak)
Healthplans of America Florida 11/4/1998 N/A U (Unrated)
PrimeHealth Corp Maryland 10/8/1998 N/A U (Unrated)
Personal Physician Care Inc. Ohio 8/20/1998 14.1 U (Unrated)
Champion Healthcare Florida 7/24/1998 N/A U (Unrated)
AmeriCan Medical Plans of MS Mississippi 7/16/1998 3.7 D+ (Weak)
AmeriCan Medical Plans of GA Georgia 7/14/1998 5.6 D+ (Weak)
Health Power HMO Ohio 7/13/1998 11.8 E+ (Very Weak)
Care3, Inc. Florida 7/1/1998 N/A U (Unrated)
Unified Physicians of WA Washington 5/15/1998 N/A U (Unrated)
Ultra Medix Florida 3/3/1998 N/A U (Unrated)

1997

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Sunrise Health Plan Florida 8/1/1997 N/A U (Unrated)
Master Health Plan Georgia 6/19/1997 5.9 A- (Excellent)

1996

Company State of
Domicile
Date of
Failure
At Date of Failure
 Total Assets  
($Mil)
TheStreet.com Safety
Rating
Universal Health Plan of Florida, Inc Florida 3/29/1996 N/A D (Weak)