C
Triple-S Advantage Inc
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
0.64
Risk Adjusted
Capital Ratio #2
0.53
Total
Assets
386.56M
Capital
163.31M
Health
Premiums
1.56B
Net
Income
-105.99M
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Weiss Ratings Triple-S Advantage Inc
Guaynabo, PR 		Click to
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Rating C
Capitalization Index 3.04
Investment Safety Index 9.90
Liquidity Index 0.00
Profitability Index 2.57
Reserve Adequacy Index --
Stability Index 1.87
Company Info Triple-S Advantage Inc
Guaynabo, PR 		Click to
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Industry Health
NAIC Number 11152
Phone Number (787) 620-1919
Website advantage.grupotriples.com
Address Metro Office Park Guaynabo, PR 00969
Balance Sheet Triple-S Advantage Inc
Guaynabo, PR 		Click to
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Total Assets 386.56M
Capital and Reserves Triple-S Advantage Inc
Guaynabo, PR 		Click to
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Risk-Adjusted Capital Ratio #1 0.64
Risk-Adjusted Capital Ratio #2 0.53
1-Year Reserve Development --
2-Year Reserve Development --
Capital 163.31M
Premium to Surplus --
Reserves to Surplus --
Investments Triple-S Advantage Inc
Guaynabo, PR 		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 Triple-S Advantage Inc
Guaynabo, PR 		Click to
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Medical Loss Ratio 92.09%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Triple-S Advantage Inc
Guaynabo, PR 		Click to
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Bonus Pay 0.00
Capitation Pay 133.36K
Contractual Pay 0.00
Enrollment 123.54K
Fee For Service 1.31M
Medical Expense Per Member Per Month $967.00
Network Physicians 9.83K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.83M
Total Patient Encounters-Non-Physician 1.12M
Profitability Triple-S Advantage Inc
Guaynabo, PR 		Click to
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Net Income -105.99M
Net Premium 1.56B
Health Premium 1.56B
Weiss Ratings