US. These 7 states are most at risk from rising health-care costs
High and growing health-care costs are a problem for everyone — but especially so for state and local governments.
And states with lower credit ratings are especially susceptible because they have less financial flexibility, according to a new report from credit ratings and research firm Fitch Ratings.
Those states include California, Connecticut, Illinois, Kentucky, Louisiana, New Jersey and Pennsylvania, all of which are rated AA- and below by Fitch. (California, Kentucky, Louisiana and Pennsylvania is rated AA-, while Connecticut is rated A+, New Jersey is rated A, and Illinois is rated BBB.)
Read More: Market Watch
