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A.M. Best Assigns Initial Rating to Blue Cross and Blue Shield of Alabama.


Business Editors

OLDWICK, N.J.--(BUSINESS WIRE)--Sept. 23, 2002

A.M. Best Co. has assigned an initial public data rating (pd) of B++pd to Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross.  of Alabama (BCBS BCBS Blue Cross/Blue Shield
BCBS Basel Committee on Banking Supervision
BCBS Barre Center for Buddhist Studies
BCBS Bay City Baptist School
BCBS Bishop Cotton Boys School (Bangalore, India)
BCBS Bar Code Business Software
 AL) (Birmingham, AL).

The rating of BCBS AL reflects its good capital and surplus position and a three-year trend of increasingly favorable fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 earnings. Offsetting these strengths is the limited geographic operating area.

A pd rating is an A.M. Best opinion rating of the long-term financial strength of an insurer or reinsurer re·in·sure  
tr.v. re·in·sured, re·in·sur·ing, re·in·sures
To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company.
. The rating is expressed using the same rating scale and definitions as an A.M. Best interactive rating of long-term financial strength, but a pd rating modifier (programming) modifier - An operation that alters the state of an object. Modifiers often have names that begin with "set" and corresponding selector functions whose names begin with "get".  has been added to ensure the user is aware of the more limited information basis for the rating. The pd rating does not reflect the detailed interviews of senior management and access to non-public data and other information, which plays a significant role in the interactive rating analysis. Best's Public Data Ratings are replacing Best's Qualified Ratings.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com.
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Publication:Business Wire
Date:Sep 23, 2002
Words:202
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