AM Best Assigns Credit Ratings to Symphonix Health Insurance, Inc., a UnitedHealthcare Company

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of "a+" to Symphonix Health Insurance, Inc. (Symphonix Health) (Schaumburg, IL), a subsidiary of UnitedHealth Group Incorporated (UnitedHealth Group) [NYSE: UNH]. The outlook assigned to these Credit Ratings (ratings) is positive.

The ratings reflect Symphonix Health’s balance sheet strength, which AM Best categorizes as strong, as well as its strong operating performance, very favorable business profile and very strong enterprise risk management. The rating reflects the strategic role Symphonix Health plays in UnitedHealthcare’s business strategy to offer a diverse product portfolio nationwide, as well as the implicit and explicit support of its parent, UnitedHealth Group.  

Symphonix Health recently grew its product portfolio to emphasize Special Need Plans across 11 states. AM Best expects the company to contribute favorably to the enrollment, premium revenue and operating earnings of the UnitedHealthcare operations of UnitedHealth Group.

The positive outlook reflects the overall favorable operating performance trend of the UnitedHealthcare’s core insurance subsidiaries, including Symphonix Health. 

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit

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