Highmark Inc. Upgraded To 'A' From 'A-'; Outlook Stable - S&P Global Ratings’ Credit Research

Highmark Inc. Upgraded To 'A' From 'A-'; Outlook Stable

Highmark Inc. Upgraded To 'A' From 'A-'; Outlook Stable - S&P Global Ratings’ Credit Research
Highmark Inc. Upgraded To 'A' From 'A-'; Outlook Stable
Published Mar 09, 2018
3 pages (1376 words) — Published Mar 09, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Highmark has meaningfully improved its operating performance and continues to execute successfully on its growth, affordability, and profitability initiatives. We are upgrading Highmark Inc., a core operating subsidiary of Highmark Health, to 'A' from 'A-'. The stable outlook reflects our expectation that the company will maintain its operating performance and market positions. HIGHTSTOWN (S&P Global Ratings) March 9, 2018--HIGHTSTOWN (S&P Global Ratings) March 9, 2018--HIGHTSTOWN (S&P Global Ratings) March 9, 2018--S&P Global Ratings said today it raised its long-term financial strength and issuer credit ratings on Highmark Inc.to 'A' from 'A-'. The outlook is stable. Highmark Inc. and its Blue-branded affiliates are the health insurance plans of Highmark Health (Highmark), a not-for-profit managed-care company (nonoperating holding company) based in Pittsburgh,

  
Brief Excerpt:

...+ Highmark has meaningfully improved its operating performance and continues to execute successfully on its growth, affordability, and profitability initiatives. + We are upgrading Highmark Inc., a core operating subsidiary of Highmark Health, to 'A' from 'A-'. + The stable outlook reflects our expectation that the company will maintain its operating performance and market positions. HIGHTSTOWN (S&P Global Ratings) March 9, 2018--HIGHTSTOWN (S&P Global Ratings) March 9, 2018--HIGHTSTOWN (S&P Global Ratings) March 9, 2018--S&P Global Ratings said today it raised its long-term financial strength and issuer credit ratings on Highmark Inc.to 'A' from 'A-'. The outlook is stable. Highmark Inc. and its Blue-branded affiliates are the health insurance plans of Highmark Health (Highmark), a not-for-profit managed-care company (nonoperating holding company) based in Pittsburgh, PA. As part of our group rating methodology, we view Highmark Inc. as a core subsidiary of the Highmark enterprise; thus,...

  
Report Type:

Ratings Action

Ticker
7177Z
Issuer
GICS
Managed Health Care (35102030)
Sector
Global Issuers
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Highmark Inc. Upgraded To 'A' From 'A-'; Outlook Stable" Mar 09, 2018. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Highmark-Inc-Upgraded-To-A-From-A-Outlook-Stable-2004803>
  
APA:
S&P Global Ratings’ Credit Research. (). Highmark Inc. Upgraded To 'A' From 'A-'; Outlook Stable Mar 09, 2018. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Highmark-Inc-Upgraded-To-A-From-A-Outlook-Stable-2004803>
  
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