From groceries to gas, every dollar you earn is being stretched to the limit. Our job is to advocate for our members and customers when negotiating rates with providers.
The rising costs of health care.
We’re taking a stand for our members and all health care consumers.
For more than a century, we’ve been committed to the health and well-being of our members, customers and communities. While the path to more affordable health care might be challenging, at Regence, our role is clear.
Balancing care and costs
Your health and your health care dollars are precious. As a nonprofit health plan, our member premiums reflect what we expect care to cost.
Breaking down your health-care dollar
Aligned with our values as a tax-paying nonprofit, 85 percent of every premium dollar pays for our members’ medical claims and expenses. That includes doctor visits, hospital care, medications, and other health care goods and services. In 2022 alone, Regence paid $5.52 billion in medical care for our fully insured members.
HealthChangers Podcast: Provider contracting and health care affordability
Dr. Zak Ramadan-Jradi discusses his work leading Regence's network strategy across our four states. As vice president of network management, he works closely with providers to ensure doctors and nurses are fairly compensated for the care they give our members while balancing the need for our health plans to stay affordable for local businesses and independent consumers.