Business Services Industry

A.M. Best Initiates Public Comment Period on Draft Health-Care Systems Methodology

Business Wire, April 30, 2007

OLDWICK, N.J. -- A.M. Best Co. is initiating for 30 days a period for comments from market participants 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 copy.

The draft methodology outlines how A.M. Best evaluates a nonprofit health-care system's creditworthiness, as well as the ability of the system to financially and strategically support its owned or affiliated health and captive insurance 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 industries, including the banking and insurance sectors. For more information, visit www.ambest.com.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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