E
Hamaspik Inc
Monsey,  NY
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
0.60
Risk Adjusted
Capital Ratio #2
0.50
Total
Assets
26.29M
Capital
4.62M
Health
Premiums
17.84M
Net
Income
-1.81M
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Weiss Ratings Hamaspik Inc
Monsey, NY 		Click to
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Rating E
Capitalization Index 2.80
Investment Safety Index 9.90
Liquidity Index 1.04
Profitability Index 0.00
Reserve Adequacy Index --
Stability Index 1.85
Company Info Hamaspik Inc
Monsey, NY 		Click to
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Industry Health
NAIC Number 16621
Phone Number (855) 552-4642
Website www.hamaspik.com
Address 58 Route 59 Monsey, NY 10952
Balance Sheet Hamaspik Inc
Monsey, NY 		Click to
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Total Assets 26.29M
Capital and Reserves Hamaspik Inc
Monsey, NY 		Click to
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Risk-Adjusted Capital Ratio #1 0.60
Risk-Adjusted Capital Ratio #2 0.50
1-Year Reserve Development --
2-Year Reserve Development --
Capital 4.62M
Premium to Surplus --
Reserves to Surplus --
Investments Hamaspik Inc
Monsey, NY 		Click to
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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 Hamaspik Inc
Monsey, NY 		Click to
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Medical Loss Ratio 87.61%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Hamaspik Inc
Monsey, NY 		Click to
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Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 29.81K
Enrollment 1.41K
Fee For Service 0.00
Medical Expense Per Member Per Month $9,069.00
Network Physicians 24.97K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 20.62K
Total Patient Encounters-Non-Physician 41.89K
Profitability Hamaspik Inc
Monsey, NY 		Click to
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Net Income -1.81M
Net Premium 17.84M
Health Premium 17.84M