C
Simpra Advantage Inc
Rating Date
January 2026
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.24
Risk Adjusted
Capital Ratio #2
1.03
Total
Assets
26.37M
Capital
10.31M
Health
Premiums
86.23M
Net
Income
316.38K
My Lists My Alerts
Weiss Ratings Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating C
Capitalization Index 6.85
Investment Safety Index 9.90
Liquidity Index 6.90
Profitability Index 1.18
Reserve Adequacy Index --
Stability Index 4.57
Company Info Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry Health
NAIC Number 16103
Phone Number (205) 767-7930
Website www.simpra.com
Address 3008 Seventh Avenue, South Birmingham, AL 35233
Balance Sheet Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 26.37M
Capital and Reserves Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 1.24
Risk-Adjusted Capital Ratio #2 1.03
1-Year Reserve Development --
2-Year Reserve Development --
Capital 10.31M
Premium to Surplus --
Reserves to Surplus --
Investments Simpra Advantage Inc
Birmingham, AL 		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 Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 75.76%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 1.61K
Capitation Pay 510.00
Contractual Pay 63.88K
Enrollment 2.60K
Fee For Service 0.00
Medical Expense Per Member Per Month $2,056.00
Network Physicians 10.86K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 115.31K
Total Patient Encounters-Non-Physician 108.46K
Profitability Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 316.38K
Net Premium 86.23M
Health Premium 86.23M