Health Insurance Company Ratings Chart
The quality of coverage an insurance company provides, is not the only factor to take into account when choosing a health plan. The insurance company's financial strength rating is important as well.
Financial strength ratings reflect a company's potential for long-term survival. A highly-rated company poses little financial risk to its policyholders. On the other hand, a company with a low rating poses a high threat of financial loss for itself as well as its policyholders.
The aim of the chart below is to help decode what the ratings actually mean.
| A.M. Best Rating: | |||
| A++ | = Superior | C++ | =Marginal |
| A+ | = Superior | C+ | =Marginal |
| A | = Excellent | C | =Weak |
| A- | =Excellent | C- | = Weak |
| B++ | =Very Good | D | = Poor |
| B+ | =Very Good | E | = Under Regulatory Supervision |
| B | =Fair | F | = In Liquidation |
| B- | =Fair | S | = Rating Suspended |
| Not Rated (NR) Ratings are reported to A.M. Best but are not ratings applicable: | |||
| NR-1 | =Insufficient Data | ||
| NR-2 | =Insufficient Size and/or Operating Experience | ||
| NR-3 | = Rating Procedure Inapplicable | ||
| NR-4 | =Company Request | ||
| NR-5 | = Not Formally Followed | ||
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| Fitch Rating: | |||
| AAA | = Exceptionally Strong | BB | = Moderately Weak |
| AA+ | = Very Strong | BB- | = Moderately Weak |
| AA | = Very Strong | B+ | = Weak |
| AA- | = Very Strong | B | = Weak |
| A+ | = Strong | B- | = Weak |
| A | = Strong | CCC | = Very Weak |
| A- | = Strong | CC | = Very Weak |
| BBB+- | = Good | C | = Very Weak |
| BBB | = Good | DDD | = Distressed |
| BBB- | = Good | DD | = Distressed |
| BB+ | = Moderately Weak | D | = Distressed |
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| Moody's Rating: | |||
| Aaa | = Exceptional | Ba2 | = Questionable |
| Aa1 | = Excellent | Ba3 | = Questionable |
| Aa2 | = Excellent | B1 | = Poor |
| Aa3 | = Excellent | B2 | = Poor |
| A1 | = Good | B3 | = Poor |
| A2 | = Good | Caa1 | = Very Poor |
| A3 | = Good | Caa2 | = Very Poor |
| Baa1 | = Adequate | Caa3 | = Very Poor |
| Baa1 | = Adequate | Ca | = Extremely Poor |
| Baa1 | = Adequate | C | = Lowest |
| Ba1 | = Questionable | ||
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| Standard and Poor's Rating: | |||
| A++ | = Superior | C++ | = Marginal |
| A+ | = Superior | C+ | = Marginal |
| A | = Excellent | C | = Weak |
| A- | = Excellent | C- | = Weak |
| B++ | = Very Good | D | = Poor |
| B+ | = Very Good | E | = Under Regulatory Supervision |
| B | = Fair | F | = In Liquidation |
| B- | = Fair | S | = Rating Suspended |
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Last Updated : Friday, August 3, 2007