A.M. Best Company

A.M. Best Downgrades Ratings of Health Net, Inc. and Its Subsidiaries

Published in Elder Law Weekly, December 10th, 2008

A.M. Best Co. has downgraded the financial strength ratings (FSR) to B+ (Good) from B++ (Good) and issuer credit ratings (ICR) to "bbb-" from "bbb+" of Health Net of California, Inc. and Health Net Life Insurance Company. Concurrently, A.M. Best has downgraded the FSR to B+ (Good) from B++ (Good) and ICRs to "bbb-" from "bbb" of Health Net Health Plan of Oregon, Inc. and Health Net of Arizona, Inc.

A.M. Best also has downgraded the ICR and debt rating to "bb-" from "bb+" of the parent company, Health Net, Inc. (Health Net) (headquartered in Woodland Hills, CA) (NYSE: HNT). The outlook for all the above ratings has been revised to stable from negative, except for the...

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Source: Elder Law Weekly (2008-12-10)

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