Fitch might lift Group Health

Fitch Ratings said it placed the BBB insurer financial strength ratings of Group Health Cooperative and Group Health Options, Inc. and the BBB ratings assigned to senior secured revenue bonds issued by the Washington Health Care Facilities Authority on behalf of Group Health on Rating Watch Positive.

Fitch said the actions follow Group Health's Dec. 4 announcement that it entered into a definitive agreement under which the company will be acquired by Kaiser Permanente. Fitch rates Kaiser’s health insurance subsidiaries' insurer financial strength ratings A+ and senior unsecured bonds issued by or on behalf of Kaiser A+.

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