C
Capital Advantage Assr Co
Rating Date
January 2026
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Fair overall results on stability tests (4.1 on a scale of 0 to 10) based on a significant -20% decrease in enrollment during the period. Weak profitability index (1.3) with operating losses during 2021 and 2022. Average return on equity over the last five years has been poor at -1.8%. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent overall capitalization (9.4) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.2) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: PA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
623
Provider Compensation ($000)
Capitation Pay
59
Fee For Service
0
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
0
Enrollment
Total Patient Encounters
Physician
0
Non-Physician
Corporate Info
Group Affiliation
Capital Blue Cross Inc
Investment Rating
--
Company Address
2500 Elmerton Avenue
Harrisburg, PA 17177
Phone Number
(717) 541-7000
NAIC Number
14411
Largest Affiliates
C
Harrisburg, PA - Health
C
Harrisburg, PA - Health
D
Harrisburg, PA - Health
D
Harrisburg, PA - Health
D
Harrisburg, PA - Health