Making informed healthcare decisions requires access to a variety of information sources, including hospital and physician quality and cost data. Benefit Informatics is now offering integrated access to the HealthGrades Health Management Suite to provide employees and plan participants a set of decision support and research tools which compare the quality and costs of care [...]
A.M. Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from B- (Fair) and issuer credit rating (ICR) to “a” from “bb-” of Great Lakes Casualty Insurance Company (GLCIC) (Grand Rapids, MI). The ratings have been removed from under review with positive implications and assigned a stable outlook.
These rating actions follow the [...]
Anthem Blue Cross and La Maestra Community Health Centers announced they have successfully completed the underwriting of an $18.5 million bond initiative to support the construction of La Maestra’s new 34,660 square foot “green” health care center. When completed, it will house more than 200 staff members and support more than 100,000 patient visits annually [...]
A.M. Best Co. has upgraded the financial strength ratings (FSR) to A (Excellent) from A- (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of Darwin Group (Darwin) (Wilmington, DE) and its members. The above ratings have been removed from under review with positive implications and assigned a stable outlook. Darwin was recently acquired [...]
Universal American Corp. announced that its Chairman & CEO, Richard Barasch, will present at the Oppenheimer & Co. 19th Annual Healthcare Conference on Tuesday, November 4, 2008 at 10:00 am ET at the Waldorf-Astoria Hotel, in New York City.
Investors will be able to access the presentation live over the Internet via the Investor Relations section [...]
Ovations, UnitedHealth Group’s health and well-being company for seniors, issued the following statement regarding broker commission rates:
“We welcome further action by CMS to regulate broker commissions. Earlier this year we voiced support before the Senate Finance Committee in favor of regulation to levelize broker commissions. We would also welcome regulation that establishes reasonable industry-wide broker [...]
A.M. Best Co. has revised the rating outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Southland National Insurance Corporation (Southland National) (Tuscaloosa, AL).
The negative outlook reflects Southland National’s recent decline in capitalization due to impairments in its investment portfolio and lower after-tax [...]
