The big U.S. health insurers that Standard & Poor's Global Ratings rates continue to look fine, in spite of all the commotion in Washington surrounding efforts to change the Affordable Care Act.
Rating analysts at S&P gave that assessment today in New York, at a health care sector conference aimed at attendees from the kinds of companies that might lend money to health care companies, buy their stock, or offer reinsurance. S&P's views on an industry sector or company can affect how much a company pays for finance, and whether the company can get financing.
"The ACA has been quite negative" for many insurers, according Joseph Marinucci, a senior director at S&P. But "balance sheet strength managed to endure."
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Allison Bell
Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.
