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0 <br />Best's Insurer Profile <br />HEALTHCARE <br />FLORIDA CORPORATION) <br />( Group Affiliation: Aetna U.S. Healthcare, Inc. Group ) <br />5100 West Lemon Street, Ste. 218, Tampa, Florida, United <br />States 33609 <br />Tel: 813- 261 -9630 <br />Mailing Address: P.O. Box 1109, Blue Bell, Pennsylvania, <br />United States 19422 <br />Exec. Office: 980 Jolly Road, Blue Bell, Pennsylvania, United <br />States 19422 <br />Current Rating *: A- (Excellent) (Under Review <br />* As of 1 127'2000 3:01:38 PM <br />�iyancral Strer�tq <br />BEST <br />lycelitor <br />Business Review <br />• Aetna U.S. Healthcare of Florida is a subsidiary of Aetna U.S. <br />Healthcare. Aetna U.S. Healthcare is a wholly owned subsidiary of <br />Aetna Inc. The Florida HMO reported an enrollment gain of 35% <br />for year -end 1999. Membership is comprised of group commercial <br />and medicare risk business. Aetna U.S. Healthcare of Florida has <br />also reported a historical trend of negative earnings, with 1999 <br />posting its highest losses. <br />AETNA U.S. HEALTHCARE - Aetna U.S. Healthcare, operating <br />as a subsidiary of Aetna Inc., is one of the nation's largest health <br />benefits companies based on membership. Membership growth has <br />primarily been a result of its aggressive acquisition strategy, <br />specifically the Prudential Health Care and NYLCare Health Plan <br />acquisitions. Total health membership is widely dispersed <br />throughout the United States. Aetna U.S. Healthcare provides a full <br />spectrum of health products (managed care, indemnity and <br />prescription drug, dental and vision) and group insurance products <br />(life, disability, and long -term care) on both an insured and an <br />employer- funded basis. Under insured plans, the Company assumes <br />all or a majority of health care cost, utilization, mortality, morbidity <br />or other risk depending on the product. Under employer- funded <br />plans, the plan sponsor, and not the Company, assumes all or a <br />I* majority of these risks <br />Page 1 of 2 <br />Assigned to companies <br />which have, on balance, <br />excellent financial <br />strength, operating <br />performance and market <br />profile when compared to <br />the standards established <br />by the A.M. Best <br />Company. These <br />companies, in our <br />opinion, have a strong <br />ability to meet their <br />ongoing obligations to <br />policyholders. <br />Best's Ratings are <br />recognized worldwide as <br />the benchmark for <br />assessing insurers' <br />financial strength. A.M. <br />Best's ratings reflect an <br />in -depth knowledge of <br />the insurance industry <br />developed during its 100 - <br />year relationship with the <br />business. This is one <br />reason why insurance <br />