The Regence Group - Introduction

Introduction

200 S.W. Market Street
Portland, Oregon 97201
U.S.A.
Telephone: (503) 225-5221
Toll Free: 800 452-7278
Fax: (503) 225-5274
Web site: http://www.regence.com

Private Company
Incorporated: 1996 as The Benchmark Group
Employees: 6,000
Total Assets: $6.7 billion (2003)
NAIC: 524113 Direct Life Insurance Carriers; 524114 Direct Health and Medical Insurance Carriers

The Regence Group is the largest operating group of BlueCross BlueShield companies in the Northwestern United States. Through its subsidiary companies—Regence BlueCross BlueShield of Oregon, Regence BlueCross BlueShield of Utah, Regence BlueShield in Washington, and Regence BlueShield of Idaho—the non-profit company provides health insurance products and related services to nearly three million members and has close to 39,000 providers in its networks. The company also provides life, disability, and short-term medical insurance through its Regence Life & Health Insurance subsidiary. The BlueCross BlueShield Association, of which Regence is a member, consists of more than 50 independent Blue Cross and Blue Shield companies nationwide. Most are huge nonprofit corporations, the descendants of hospital and doctor associations founded in the 1930s and earlier.