Pharma Investments, Ventures & Law Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Pharma Investments, Ventures & Law Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
A.M. Best Co.
A.M. Best Affirms and Assigns Ratings to AMERIGROUP Corporation's HMO Subsidiaries
September 21st, 2008
A.M. Best Co. has affirmed and assigned financial strength ratings (FSR) and issuer credit ratings (ICR) to the health maintenance organization (HMO) subsidiaries of AMERIGROUP Corporation (AMERIGROUP) (headquartered in Virginia Beach, VA) (NYSE: AGP). (Please see below for a detailed listing of the companies and ratings.) AMERIGROUP's HMO ratings reflect the companies' adequate level of capitalization, positive underwriting performance and relatively consistent operating results attributable to favorable medical loss ratios. Offsetting these positive rating factors are a reliance on government-sponsored programs, which A.M. Best believes could pose future profitability...
Source: Pharma Investments, Ventures & Law Weekly (2008-09-21)
|
