Fitch Affirms Blue Shield of California's IFS at 'A'; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Blue Shield of California's (BSC) Insurer Financial Strength (IFS) rating at 'A'. The Rating Outlook is Stable. Today's affirmation completes a periodic review of BSC's rating and recent financial performance. Key factors considered in the review include expectations for comparatively rapid growth in BSC's membership due to the company's participation on the California health insurance exchange and pressure on profitability and capitalization Reported by Business Wire 12 hours ago.