OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has downgraded the Financial Strength Rating to C (Weak) from C++ (Marginal) and the Long-Term Issuer Credit Rating to “ccc+” from “b+” of Colorado Choice Health Plans (Colorado Choice) (Alamosa, CO). A.M. Best also has maintained the under review status, while revising the implications to negative from developing. Colorado Choice was acquired by Friday Health Plans in June 2017 and received several capital contributions in the form of surplus notes fro
