Christie could slam Horizon credit rating with plan to grab cash, S&P says

Demand remains strong for Horizon's OMNIA health plans. The company announced 238,000 people signed up for the lower-cost insurance policies, about 4,000 more than its inaugural year. (Matt Smith | NJ Advance Media)

TRENTON — Horizon Blue Cross Blue Shield of New Jersey’s “stable” credit outlook could be undermined by Gov. Chris Christie’s plan to force the insurance carrier to share its capital reserves, according to a new ratings agency report. Standard & Poor’s sees many reasons why Horizon should maintain its “A” rating and stable outlook. The not-for-profit…

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