Moody's affirms Health Care

Moody's Investors Service said it affirmed Health Care Service Corp.'s insurance financial strength rating at A1 and its senior unsecured debt rating at A2.

The outlook remains stable.

The ratings are based on the company's strong financial profile driven by its solid capital position and low financial leverage, Moody's said.

This is reinforced by a solid business profile reflective of the company's dominant position in the Illinois group health benefits market, the strength of the Blue Cross Blue Shield name and the low risk profile of its business mix, the agency said.

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