Fitch lifts Group Health view to positive

Fitch Ratings said it affirmed the BBB insurer financial strength ratings of Group Health Cooperative and subsidiary, Group Health Options, Inc.

Fitch also said it affirmed the ratings for senior secured revenue bonds issued by the Washington Health Care Facilities Authority on behalf of Group Health at BBB.

The outlook also was revised to positive from stable.

The action follows the completion of a periodic review of Group Health’s ratings, Fitch said.

The outlook revision reflects Group Health's favorable financial-performance trends and financial metrics that are generally better than the BBB rating guidelines, the agency said.

The positive outlook also considers an expectation that the company’s financial performance will be maintained, resulting in a higher financial performance and earnings score, Fitch said.

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