A.M. Best Withdraws Ratings of UnitedHealthcare of South Carolina, Inc.
OLDWICK, N.J. -- July 29, 2013
A.M. Best Co. has withdrawn the financial strength rating of A- (Excellent)
and issuer credit rating of "a-" of UnitedHealthcare of South Carolina, Inc.
(UHCSC) (Greenville, SC), a former subsidiary of UnitedHealth Group,
Incorporated (NYSE: UNH) (Minnetonka, MN).
The withdrawal of UHCSC’s ratings follows the sale of the company to The
WellCare Management Group, Inc., a wholly owned subsidiary of WellCare Health
The methodology used in determining these ratings is Best’s Credit Rating
Methodology, which provides a comprehensive explanation of A.M. Best’s rating
process and contains the different rating criteria employed in the rating
process. Best’s Credit Rating Methodology can be found at
A.M. Best Company is the world’s oldest and most authoritative insurance
rating and information source. For more information, visit www.ambest.com.
Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.
A.M. Best Co.
Doniella Pliss, 908-439-2200, ext. 5104
Senior Financial Analyst
Kenneth Frino, 908-439-2200, ext.5012
Group Vice President
Rachelle Morrow, 908-439-2200, ext. 5378
Senior Manager, Public Relations
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
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