Regence BlueShield Receives A- Rating From A.M. Best
SEATTLE, Nov. 22 /PRNewswire/ -- Regence BlueShield announced today its initial ratings assigned by the A.M. Best Co. Both Regence BlueShield and its subsidiary, RegenceCare, have been awarded A- ratings by the insurance rating firm. In the A.M. Best rating structure, an A- rating means that Regence BlueShield has excellent financial strength. The rating report highlights Regence BlueShield's strong market profile, adequate capitalization, improved underwriting results and affiliation with The Regence Group. "We are pleased with the rating," said Mary O. McWilliams, president of Regence BlueShield. "To serve our members well, we must maintain a financially strong and responsible company. It is our mission to provide our members with access to affordable health-care coverage they can count on from a company they trust." Regence BlueShield is the leading health plan in Washington and provides health-care coverage to more than 1.1 million members. Regence BlueShield is a not-for-profit health plan. It is one of 42 independent licensees of the national Blue Cross and Blue Shield Association that collectively provide coverage to 79 million -- or one in four -- Americans. It is also an affiliate of The Regence Group, an alliance of health plans that includes: Regence BlueCross BlueShield of Oregon, Regence BlueShield of Idaho and Regence BlueCross BlueShield of Utah. For more information, visit the company's Web site at www.wa.regence.com. Make Your Opinion Count - Click Here http://tbutton.prnewswire.com/prn/11690X33846138
SOURCE Regence BlueShield
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