Navigation Links
A.M. Best Affirms Regence's Solid Financial Position
Date:11/24/2008

PORTLAND, Ore., Nov. 24 /PRNewswire/ -- Rating agency A.M. Best has affirmed the excellent financial ratings of all Regence companies. A.M. Best evaluates Regence plans annually and issues a rating based on its assessment of each company's financial strength.

"The current economic climate means that rating agencies are giving extra scrutiny to the financial health of the companies they evaluate," said Mark Ganz President and CEO of Regence. "Since A.M. Best's outlook for the health insurance industry generally has been less than positive, we are very proud of these results. Our members and the communities we serve can feel especially confident about our ongoing ability to meet their needs."

The rating for Regence BlueShield in Washington continues to be A ("excellent") while Regence BlueCross BlueShield of Oregon, Regence BlueCross BlueShield of Utah, Regence Life and Health Insurance Company, Asuris Northwest Health and HealthWise maintained their previous ratings of A- (also "excellent"). Regence BlueShield of Idaho has a private rating.

"Our nation's financial crisis underscores the need for responsible financial management, and intensifies our commitment to the uncompromising stewardship of our members' health care dollars," said Ganz. "These ratings reflect our ongoing effort to control costs, enhance underwriting and operating results and maintain a strong financial performance."

About Regence

Regence is a leading health insurer in the Northwest / Mountain State Region, offering health, life and dental insurance. Regence serves nearly three million members as Regence BlueCross BlueShield of Oregon, Regence BlueShield (selected counties in Washington), Regence BlueCross BlueShield of Utah and Regence BlueShield of Idaho. Each plan is a not-for-profit independent licensee of the Blue Cross and Blue Shield Association. Regence is committed to improving the health of our members and our communities, and to transforming our health care system. For more information, please visit regence.com.


'/>"/>
SOURCE Regence
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. New Study of Aspartame Research Reaffirms Safety, Even Among Heaviest Users
2. Cardinal Health Reaffirms Fiscal 2008 EPS Guidance, Updates Segment Profit Outlook
3. Vatican Affirms Church Teaching on Nutrition and Hydration for Individuals In Vegetative State
4. AlphaDetail, Inc. Affirms Commitment to Local East Coast Presence
5. Hanger Orthopedic Group, Inc. Announces Senior Leadership Succession Plan and Reaffirms Guidance
6. Accipiter Capital Management Reaffirms Its Opposition to the Acquisition of VistaCare, Inc. by Odyssey Healthcare, Inc.
7. Press Statement: Roche Affirms That Tamiflu(R) is in Ample Supply Nationwide
8. Omnicell Announces Common Stock Repurchase Program; Reaffirms Earnings Forecast
9. Pet DRx Affirms 2008 Guidance
10. Abbott Reports Double-Digit Sales and Earnings Growth in First Quarter and Reaffirms Full-Year Growth Outlook
11. Grocery Manufacturers Association: Canadian Risk Assessment Reaffirms Safety of Bisphenol A (BPA) for Adults and Children
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh, ... and least understood books in the Holy Scriptures, Revelation. The Book of Revelation paints ... for centuries. Many have tossed it off as mere rubbish, but Yisrayl Hawkins says ...
(Date:10/13/2017)... ... October 13, 2017 , ... “The Journey: From the ... danger possible to save lost souls in the Philippines. “The Journey: From the Mountains ... a dedicated teacher of the Bible. She has taught all ages and currently teaches ...
(Date:10/12/2017)... ... October 12, 2017 , ... CitiDent and San ... using cutting-edge Oventus O2Vent technology. As many as 18 million Americans are ... cessation in breathing. Oral appliances can offer significant relief to about 75 percent ...
(Date:10/12/2017)... ... October 12, 2017 , ... IsoComforter, Inc. ( https://isocomforter.com ... introduction of an innovative new design of the shoulder pad. The shoulder pad ... comfort while controlling your pain while using cold therapy. By utilizing ice and water ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... delivery system that we intend to develop to enable prevention of a major ... to severe hearing loss, especially in pediatric patients. For cisplatin, hearing loss is ...
Breaking Medicine News(10 mins):
(Date:10/10/2017)... , Oct. 10, 2017  NDS received FDA 510(k) clearance in ... medical-grade battery-powered display stand specifically designed for endoscopy environments. An innovative ... into a clinical solution to support the improvement of patient outcomes, ... Design ... Solution ...
(Date:10/5/2017)...  In response to the nationwide opioid epidemic, ... (AAOMS) released prescribing recommendations that urge ibuprofen – ... a first-line therapy to manage a patient,s acute ... Recognizing the value and importance of the ... Acute and Postoperative Pain Management" stresses that practitioners ...
(Date:10/4/2017)... 4, 2017 OBP Medical , ... medical devices, today announced regulatory approval from ... (or Agência Nacional de Vigilância Sanitária (ANVISA)) to ... surgical retractor with integrated LED light source and ... and exposure of a tissue pocket or cavity ...
Breaking Medicine Technology: