A.M. Best Initiates Public Comment Period on Draft Health-Care Systems Methodology.OLDWICK, N.J. -- A.M. Best Co. is initiating for 30 days a period for comments from market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents. in the health-care system and health insurance industries and other interested parties on a draft for its "Evaluating Health-Care Systems" methodology. The draft document is currently available on the Methodology section of A.M. Best's homepage. Visit www.ambest.com/ratings/methodology.asp to download a PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. copy. The draft methodology outlines how A.M. Best evaluates a nonprofit health-care system's creditworthiness Creditworthiness The condition in which the risk of default on a debt obligation by that entity is deemed low. Creditworthiness Eligibility of an individual or firm to borrow money. , as well as the ability of the system to financially and strategically support its owned or affiliated health and captive insurance Captive insurance companies are limited purpose insurance companies established with the specific objective of financing risks emanating from their parent group or groups, they sometimes also insure risks of the parent company's customers. companies and to enhance the stand-alone issuer credit and financial strength ratings of its regulated subsidiaries. A.M. Best will consider feedback from any interested parties prior to publishing its methodology. Written comments can be submitted by email to rating.methodology@ambest.com, no later than May 30, 2007. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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