AM Best Removes From Under Review With Developing Implications and Downgrades Credit Ratings of Western Health Advantage

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with developing implications and downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Western Health Advantage (WHA) (Sacramento, CA). The outlook assigned to the FSR is stable while the outlook assigned to the Long-Term ICR is negative. The Credit Ratings (ratings) reflect WHA’s balance sheet strength, which AM Best assesses as very w