C
Simpra Advantage Inc
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.18
Risk Adjusted
Capital Ratio #2
0.99
Total
Assets
26.00M
Capital
10.22M
Health
Premiums
80.24M
Net
Income
501.79K
My Lists My Alerts
Weiss Ratings Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating C
Capitalization Index 6.72
Investment Safety Index 9.90
Liquidity Index 6.91
Profitability Index 1.90
Reserve Adequacy Index --
Stability Index 4.56
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 26.00M
Capital and Reserves Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 1.18
Risk-Adjusted Capital Ratio #2 0.99
1-Year Reserve Development --
2-Year Reserve Development --
Capital 10.22M
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 77.66%
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 1.59K
Capitation Pay 584.00
Contractual Pay 57.84K
Enrollment 2.62K
Fee For Service 0.00
Medical Expense Per Member Per Month $7,881.00
Network Physicians 13.62K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 39.19K
Total Patient Encounters-Non-Physician 232.42K
Profitability Simpra Advantage Inc
Birmingham, AL 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 501.79K
Net Premium 80.24M
Health Premium 80.24M