A
Regence BCBS of OR
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Excellent profitability (7.2 on a scale of 0 to 10) despite a decline in earnings during 2021. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (7.2) based on consistent premium and capital growth in the last five years.
Other Rating Factors: Good quality investment portfolio (6.5) containing significant exposure to junk bonds. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: OR, WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
505
Provider Compensation ($000)
Capitation Pay
409
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
462
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Cambia Health Solutions Inc
Investment Rating
--
Company Address
1621 SW 1st Avenue
Portland, OR 97201
Phone Number
(503) 721-7189
NAIC Number
54933
Largest Affiliates
B
Portland, OR - Health
A
Portland, OR - Health
B
Portland, OR - Health
B
Portland, OR - Health
B
Portland, OR - Health
Weiss Ratings