Capital Advantage Assr Co
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:
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Licensed in:
PA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Capital Blue Cross Inc
Investment Rating
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Company Address
2500 Elmerton Avenue
Harrisburg, PA 17177
Harrisburg, PA 17177
Phone Number
(717) 541-7000
NAIC Number
14411
Website
Largest Affiliates