BCBSUBlue Cross Blue Shield of Utah
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Regence BCBSU reported underwriting losses on a stand alone basis in 2008, which continued into first quarter 2009, with an underwriting loss of $12.
The level of earnings is expected to improve in the near term as Regence BCBSU prices above cost trend.
The Regence Group consists of Regence BCBSO, Regence BlueShield, Regence BCBSU and Regence BlueShield of Idaho.
The financial strength rating of A- (Excellent) has been affirmed for Regence BCBSU and its insurance entity, HealthWise.
Three of the plans; Regence BCBSO, Regence BlueShield and Regence BCBSU have a direct affiliation with TRG, while Regence BlueShield of Idaho has a long-term management service agreement with TRG.