Health Carriers Get Higher Marks

Standard & Poor’s Ratings Services has increased the counterparty credit ratings of 4 large health carriers.

Standard & Poor’s, New York, has increased the credit rating of CIGNA Corp., Philadelphia, to BBB plus, from BBB; of Health Care Service Corp., Chicago, to AA minus, from A plus; of Health Net Inc., Woodland Hills, Calif., to BB plus, from BB; and of Coventry Health Care Inc., Bethesda, Md., to BBB, from BBB minus.

The performance of all of those companies has been improving, Standard & Poor’s says.