Moody's Slashes Outlook On Insurers, Cites Obamacare 'Uncertainty'

Credit ratings firm Moody's Investors Service on Thursday lowered its outlook for health insurers to "negative" from "stable," citing "uncertainty" swirling around the rollout of President Obama's health care law.

In a new report, the agency said that the outlook for insurance companies is no longer clear because the law's insurance exchangeshaven't been attracting enough younger individuals. In addition, Moody's analysts were concerned that the Obama administration has been changing regulations after insurers had already set prices for the year.

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