Southwestern Energy Employees: How Your Credit Score Influences Your Insurance Premiums

Healthcare Provider Update: Healthcare Provider for Southwestern Energy The healthcare provider for Southwestern Energy is UnitedHealthcare, which is one of the major national insurers. They manage the health insurance plans available to Southwestern Energy employees, offering a variety of coverage options that cater to their needs. Potential Healthcare Cost Increases in 2026 In 2026, Southwestern Energy employees and retirees may face significant increases in healthcare costs, driven primarily by anticipated spikes in Affordable Care Act (ACA) premiums. With insurers like UnitedHealthcare proposing rate hikes of up to 66%, employees could see their out-of-pocket expenses rise substantially. This situation is exacerbated by the potential expiration of enhanced federal premium subsidies, which, if they lapse, could lead to a surge in out-of-pocket premiums exceeding 75% for the vast majority of ACA marketplace enrollees. As the healthcare landscape evolves, it's crucial for employees to reassess their options early and strategically plan for this financial shift. Click here to learn more

As an employee of Southwestern Energy you may find it interesting to know, one landmark study found that credit-based insurance scores are used by about 95 percent of all auto and home insurers in calculating the cost of insurance to individuals.

While the vast majority of insurance companies use credit-based insurance scores to help determine the price of insurance, it is banned in the states of Massachusetts, Hawaii, and California. Some states only allow it as a factor for property insurance like auto and homeowners insurance. Other states allow it to be used with any type of insurance.

Several Factors

Generally, an insurance company will use a credit-based insurance score as just one factor in its underwriting process. We'd also like to remind our Southwestern Energy clients that other factors may be considered, depending on the type of insurance. For example, with auto insurance, other factors could include your zip code, the age of the drivers, the make, model and age of the car, and the number of miles you drive annually.

The use of credit scores to determine insurance rates is rooted in research that has shown individuals with lower credit scores had higher car insurance losses and higher claims payouts.

You can ask your insurance company if a credit-based insurance score was used to underwrite and rate your policy, and in which risk category you were placed.

For Southwestern Energy employees who want to improve their credit-based insurance score, you should consider taking the same steps you would to improve your credit rating: make timely debt payments, clear up past disputes and keep credit card balances low.

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1. Predictive Analytics: Achieving Greater Decision Accuracy, Better Risk Segmentation, and Greater Profitability, Fair Isaac Corporation, 2012 (most recent statistics available).