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The ratings are a basis for comparing an insurance company's ability to meet its liabilities. The rating is based upon the risk involved with the financial commitments of a company due to the types of insurance sold, the quality of a company's investments, and other factors that may affect the financial standing of a company. Since it does not rate all companies you should not assume that not having a rating means the company is not sound financially. However, whenever you are shopping for insurance, whether it is for your home, car, or health care, many insurance professionals recommend using the rating organizations as one area for comparison. Since 1992, the ratings have ranged from A + + and A + (Superior) to F (In Liquidation).

If you have a break in coverage, you may have to satisfy a new pre-existing condition exclusion period when you join a new group health plan.



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