Moody's: WellPoint view stable

Moody's Investors Service said it affirmed WellPoint, Inc.'s Baa1 senior debt rating, Anthem Insurance Cos., Inc.'s A3 surplus notes and Anthem Holding Corp.'s Baa2 senior debt rating and changed the outlook to stable from negative.

The agency said the outlook change reflects the company's improved results in 2010, including organic membership growth and strong operating margins despite pressures from the economic downturn.

Moody's said negative implications from health-care reform continue to weigh on the health-care insurance sector, but the agency believes WellPoint is well positioned to meet the challenges posed by the new law as a result of the company's geographic and product diversity.

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