Regence BlueShield of Idaho reports strong financial result for 2012
BOISE – According to unaudited figures filed March 1 with the Idaho Insurance Department, Regence BlueShield of Idaho’s 128,536 fully insured members had medical claims totaling $363.6 million in 2012, or $2,462 per member. Regence paid 79 cents of every premium dollar to pay those claims.
Regence BlueShield of Idaho is a leading health plan in Idaho with about 160,000 members, offering health, life and dental insurance. Regence BlueShield of Idaho is a nonprofit mutual insurance company and an independent licensee of the Blue Cross and Blue Shield Association. Regence BlueShield of Idaho is affiliated with Regence BlueCross BlueShield of Oregon, Regence BlueCross BlueShield of Utah and Regence BlueShield (selected counties in Washington). Together, the companies serve more than two million members in the Northwest/Intermountain Region. The Regence affiliated companies are committed to improving the health of its members and communities and to transforming the health care system. For more information, please visit www.regence.com or www.twitter.com/RegenceIdaho.