Articles tagged “HM Life”
Ratings service drops outlook to ‘negative’ for Highmark, two subsidiaries
06.18.2009 | By Keith L. Martin
Pittsburgh, Pa.-based health insurer Highmark says it remains “financially strong,” in light of A.M. Best shifting its outlook to “negative” for the parent company and two of its health subsidiaries.
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See more: A.M. Best, capital, Highmark, HM Life, Keystone Health Plan West, Michael Weinstein, Mountain State Blue Cross Blue Shield, ratings, underwriting, United Concordia
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.

