C
Triple-S Advantage Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with 106.0 million in losses in the current year. Weak overall results on stability tests (1.9). Rating is significantly influenced by the strong financial results of GuideWell Mutual Holding Corporation. Weak liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors: Good capitalization (5.5) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the fair level during recent years. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: PR
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
0
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
GuideWell Mutual Holding Corporation
Investment Rating
--
Company Address
1441 F.D. Roosevelt Ave.
San Juan, PR 00920
Phone Number
(787) 620-1919
NAIC Number
11152
Largest Affiliates
B
Jacksonville, FL - Health
B
Jacksonville, FL - Health
B
San Juan, PR - Health
B
Tallahassee, FL - Health
B
Jacksonville, FL - Health