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AM Best Downgrades Credit Ratings for EmblemHealth, Inc.'s Insurance Subsidiaries – InsuranceNewsNet

AM Best has downgraded the Financial Strength Rating to C from C+ and the Long-Term Issuer Credit Ratings to“ ccc+” from“ b-” of Health Insurance Plan of Greater New York, EmblemHealth Insurance Company, EmblemHealth Plan, Inc. and ConnectiCare, Inc.. All companies are subsidiaries of EmblemHealth, Inc. and domiciled in New York, NY, unless otherwise specified. ....

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