Capital Advantage Assr Co
Major Rating Factors:
Fair overall results on stability tests (3.2 on a scale of 0 to 10) based on a decline in the number of member physicians during 2022. Weak profitability index (1.2) with 80.9 million in losses in the last two years. Return on equity has been low, averaging 3.0% over the last five years. Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (8.7) based on good 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