Sometimes agencies issue a rating even when the issuer has not requested it and has no intention of paying for it.
During the 1990s eight states passed legislation imposing guaranteed issue and community rating on the individual health insurance market.
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New York's experience with guaranteed issue and community rating is not unique.
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Then they can sign up for the full product coverage under Obamacare, taking advantage of the compassionate, benevolent, guaranteed issue and community rating.
This would scrap the requirement that all Americans obtain insurance but leave in place the rest of the law, including two major insurance regulations: guaranteed issue and community rating.
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Insurers are adjusting premiums now in anticipation of the guaranteed-issue and community-rating mandates starting next year.
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So you have your guaranteed issue and your community rating.
Parente and Bragdon estimate that repeal of community rating and guaranteed issue could reduce the price of individual coverage by 42%.
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Usually, colleges get a new bond rating when they issue new debt through public markets, and the evaluation affects already-issued debt.
Using their counterproductive rationale, they should also object to community rating, rating bands, and guarantee issue rules as well.
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When a company or government wants to issue debt, it usually calls a rating agency (or three, to boost credibility).
Preferred stock is often issued by banks that don't want to issue debt that can affect their credit rating, or by utilities whose investors generally expect income rather than growing earnings.
After the recent debacle in Greece, the latest EU debt crisis issue is Portugal, amid fresh credit agency rating downgrades and warnings.
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On the other hand if they duck the issue and overlook the sentiment in the market and the rating agencies then the IMF will be slammed as being out of touch with reality.
Backed by billionaire Wilbur Ross, Assured Guaranty had been the only online monoline to continue to issue new policies as it had been the only one to keep its credit rating.
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These bond insurers are among the best clients of the rating agencies, since the agencies pocket a fee for reviewing every bond issue being insured.
This works far better than forcing insurers to cover everyone regardless of pre-existing conditions, or regulation such as guaranteed issue (forcing insurers to cover everyone who applies regardless of health condition), or community rating (forcing insurers to charge the same or nearly the same to all regardless of health condition).
Central to ObamaCare are requirements that health insurers (1) accept everyone who applies (guaranteed issue), (2) cannot charge more based on serious medical conditions (modified community rating), and (3) include numerous coverage mandates that force insurance to pay for many often uncovered medical conditions.
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The seller, FlyersComics, had the issue graded and encapsulated by the Certified Guarantee Company, which gave the book a desirable 9.9 rating.
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Nevertheless, in the medium term the firm will probably have to issue more long-term debt to finance itself (it hopes to gain an investment-grade credit rating this year) and raise more equity, perhaps by listing.
There was a brief question from him about the letter ratings of the older issue and the Main Street bonds, to which the broker replied with the letter ratings published by several rating agencies and the issuer.
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