A
Regence BCBS of UT
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Excellent overall capitalization (10.0 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent overall results on stability tests (7.1) based on consistent premium and capital growth in the last five years but a decline in enrollment during 2022. Excellent overall profitability index (6.9) despite a decline in earnings during 2022.
Other Rating Factors: Good quality investment portfolio (6.5) containing junk bond exposure equal to 98.1% of capital. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: UT
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
196
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Cambia Health Solutions Inc
Investment Rating
--
Company Address
200 SW Market Street
Portland, OR 97201
Phone Number
(503) 721-7189
NAIC Number
54550
Largest Affiliates
B
Portland, OR - Health
A
Portland, OR - Health
B
Portland, OR - Health
A
Portland, OR - Health
B
Portland, OR - Health