A.M. Best Completes Review of Health Insurer Public Data Ratings; Reports More Downgrades Than Upgrade
OLDWICK, N.J.--(BUSINESS WIRE)--Oct. 11, 2005--A.M. Best Co. has recently completed its annual review of financial strength ratings for health maintenance organization (HMO) public data ratings. A.M. Best has downgraded the pd ratings of 38 HMOs, upgraded the ratings of 28, affirmed the ratings of 79 and assigned ratings to 17 HMOs. Over the last year, the population of public data-rated organizations has reported more downgrades than upgrades by approximately one-third. The majority of the companies in this category of ratings are single state HMOs, which include Medicaid and Medicare insurers. ,a href="http://www.ambest.com/ratings">www.ambest.com/ratings www.ambest.com/health
Published on October 11, 2005
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