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A.M. Best Takes Various Rating Actions on HMOs.


OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength ratings (FSR (Free System Resource) In Windows 3.x, the amount of unused memory in various 64K blocks reserved for managing current applications. Every open window takes some space in this area. See Windows memory limitation. ) of 25 health maintenance organizations (HMO HMO health maintenance organization.

HMO
n.
A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial,
), downgraded four HMO FSRs, upgraded 10 HMO FSRs, assigned one HMO FSR and withdrawn one HMO FSR. In addition, A.M. Best has assigned each company an issuer credit rating (ICR (Intelligent Character Recognition or Image Character Recognition) The machine recognition of hand-printed characters as well as machine printing that is difficult to recognize. ). (See below for a detailed list of the companies and ratings.)

These ratings are based solely upon public information and present the most informed view A.M. Best can offer, short of an insurer participating in the full interactive rating process. A.M. Best uses the same rating scale and definitions as it does for its long-term financial strength interactive ratings but applies a pd 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".  to ensure the user is aware of the more limited information basis for the rating.

A.M. Best's HMO pd ratings will be released regularly over the next three months. Each month, A.M. Best will provide an update of the recent rating actions.

A.M. Best has affirmed the FSRs and assigned ICRs to the following HMO companies:
[TABLE OMITTED]


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.
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 industries, including the banking and insurance sectors. For more information, visit www.ambest.com.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 29, 2007
Words:211
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