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AM Best Places Credit Ratings of EmblemHealth, Inc.’s Insurance Subsidiaries Under Review With Negative Implications
December 22, 2020 GMT
OLDWICK, N.J. (BUSINESS WIRE) Dec 22, 2020
AM Best has placed under review with negative implications the Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating of “b-” of Health Insurance Plan of Greater New York (HIP), EmblemHealth Insurance Company, EmblemHealth Plan, Inc. and ConnectiCare, Inc. (ConnectiCare) (Farmington, CT). All companies are subsidiaries of EmblemHealth, Inc. and domiciled in New York, NY, unless otherwise specified. ....

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