Regence BlueCross BlueShield of Utah paid $1.31 billion for member health care in 2025
SALT LAKE CITY – Regence BlueCross BlueShield of Utah paid $1.31 billion in health care for its fully insured members in 2025, or $6,132 per member (excluding the impact of reinsurance), according to unaudited figures filed today with the Utah Insurance Department.
The costs per member increased nearly 5% from 2024 and continue accelerating at rates higher than historical norms. The rise in claims costs continues to be driven by significant increases in cost of care and prescription drugs. Regence maintained its membership and ended 2025 serving nearly 740,000 people, including self-funded and BlueCard® members.
On total revenue of $1.45 billion, Regence had net income of 3.5%, which is slightly higher than the average annual net income the past 10 years of 3.0%. 2025 performance was driven by strong member retention and positive investment income. The company places net income in its capital reserves to ensure stable health care coverage. As a tax-paying, not-for-profit health plan, this critical safety net is Regence’s only source of funds for investing in new solutions to address health care challenges, meet the changing needs of consumers and pay higher than expected medical costs.
"As health care costs surge nationwide, our role as a trusted partner to Utah families and businesses has never been more critical," said Jim Guemple, president of Regence BlueCross BlueShield of Utah. “Our financial stability is the foundation that drives innovative and long-term solutions to help us deliver exceptional and more affordable care that meets the needs of our members and the communities we serve.”
Regence incurred nearly $6 million in federal and state income taxes and fees in 2025.
Community impact
Founded in 1944, Regence and its affiliated companies employ nearly 450 people in Utah, and the company is committed to investing in the communities it serves. Together with its corporate foundation and employees, Regence contributed nearly $660,000 to benefit Utah nonprofit organizations, and employees donated more than 1,800 volunteer hours in 2025.
About Regence BlueCross BlueShield of Utah
Regence BlueCross BlueShield of Utah, based in Salt Lake City, is the state’s first health insurer and now provides nearly 740,000 people with comprehensive health insurance solutions. As a taxpaying nonprofit independent licensee of the Blue Cross and Blue Shield Association, Regence is part of a family of companies dedicated to transforming health care by delivering innovative products and services that change the way consumers in Utah and nationwide experience health care. For more information, please visit regence.com or facebook.com/regenceutah.
