Passing inspection.A.M. Best Co. completed its review of Health Net Inc. and affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. the company's financial strength ratings of the parent company and its subsidiaries and also affirmed its debt and issuer credit ratings. The ratings are no longer under review and have been assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. a stable outlook. The company said that Health Net has been able to make a significant turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. in its operating performance, although it is showing some decline in membership and has some profitability concerns in its New Jersey Plan. The company noted its rise in net income in 2005, which brought it back to the levels it reported in 2003, and said it expects improved earnings this year. Total membership dropped by six percent, after the company raised its rates and made other corrective cor·rec·tive adj. Counteracting or modifying what is malfunctioning, undesirable, or injurious. n. An agent that corrects. corrective, n decisions, but it will probably report a boost in 2006 after purchasing Universal Care in Long Beach. It also highlighted the improved performance in the Northeast and noted that even the struggling New Jersey segment has improved from 2004. Staff reporter Jonathan Jonathan (jŏn`əthən) [short for Jehonathan, Heb.,=Yahweh has given]. 1 In the Bible, Saul's son and David's friend, both killed at the battle of Mt. Gilboa. David showed kindness to his son Mephibosheth. D. Colburn can be reached at (818) 316-3124 or by email at jdcolburn@sfvbj.com. |
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