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)... , ... October 13, 2017 , ... ... serving communities in the greater Dallas, Miami, and Raleigh regions, is organizing an ... to overcome a rare and deadly chromosome abnormality. , After struggling since birth ...
(Date:10/13/2017)... ... ... As health professionals work to improve their approach to healthcare, there is a ... filling out a survey; in many cases health professionals and patients are working together ... research on the importance of active engagement with patients and members of the public ...
(Date:10/13/2017)... , ... October 13, 2017 , ... The American Board ... become its next President and Chief Executive Officer, succeeding Dr. James C. Puffer upon ... beginning July 1, 2018 until Dr. Puffer’s retirement at the end of 2018. Upon ...
(Date:10/13/2017)... ... 13, 2017 , ... PurhealthRX , a leading Health and Nutrition Company, ... Purzorb™process to full spectrum CBD oil will revolutionize the rapidly growing CBD market by ... be easily incorporated into liquid products, while reducing costs to end users. , The ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Lori R. ... a member of ElderCounsel, a national organization of elder law and special needs planning ... laws and rules. It also provides a forum to network with elder law attorneys ...
Breaking Medicine News(10 mins):
(Date:10/11/2017)... 2017  Caris Life Sciences ® , a leading ... of precision medicine, today announced that St. Jude Medical ... Alliance™ (POA) as its 17 th member. Through ... Crosson Cancer Institute will help develop standards of care ... profiling, making cancer treatment more precise and effective. ...
(Date:10/10/2017)... , Oct. 10, 2017   West Pharmaceutical ... innovative solutions for injectable drug administration, today shared the ... ID Adapter for improving the intradermal administration of polio ... Skin Vaccination Summit in May 2017 by Dr. ... Polio Department, World Health Organization (WHO), and recently published ...
(Date:10/4/2017)... 4, 2017  According to the Centers for Disease Control and Prevention ... . PhysicianOne Urgent Care is helping communities across Massachusetts ... , by offering no-cost* flu shots through the end of the month. ... health insurance regulations. ... to get a flu shot is by the end of October, according ...
Breaking Medicine Technology: