Health Net S&P Outlook Improves

Annuity News Journal:

Two other subsidiaries of the company include Health Net of Arizona Inc and Health Net Health Plan of Oregon Inc. These two subsidiaries earned a credit rating of BB+ by the Standard & Poor’s Rating Service...

The Standard & Poor’s Rating Service improved the outlook of Health Net. Previously, the outlook of the company had been set to “Negative.” The new outlook of the company was announced to be “Stable.” A major contributing factor for the reason that the company had earned a “Stable” outlook was the fact that the company had improved its financial performance. It had done so throughout 2009 and throughout the first three quarters of 2010. The Standard & Poor’s Rating service expects that the company will continue to show improvement through 2010 and 2011.

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