Regence BlueCross BlueShield of Utah
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Regence Blue Cross Blue Shield of Utah
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Regence BlueCross BlueShield of Utah...
- Serves more than 400,000 members.
- Has more than 3,950 physicians and providers in our networks.
- Has offices in Salt Lake City, Ogden and Provo.
- Has a service area that covers the entire state of Utah with the Traditional and Regence ValueCare networks. The Regence HealthWise service area consists of the Wasatch Front.
- Our subsidiaries are:
ValueCare (PPO) HealthWise (HMO) - Has approximately 857 employees.
- Processes 410,000 claims per month.
- Paid out almost $723 million in claims in 2003.
Blue Cross Blue Shield of Utah is the state’s largest insurer. Their products and plans include Individual, Group, Medicare Supplement and Life & Disability. The company’s operating expense ratio – 9.3 percent – is one of the lowest in the nation among health insurers.
History
The company was founded in 1942 as Utah’s first health insurance carrier when six hospitals formed the Intermountain Hospital Plan (IHP). Two years later, a physicians’ group began an active sales campaign with IHP to offer both physician and hospital benefits. Within two years there were 100,000 enrollees. By 1966, Blue Cross Blue Shield of Utah was the administrator for Medicare Parts A and B. In 1982, It later developed HealthWise, one of Utah’s first HMOs. In 1984, the ValueCare PPO network was created. The company experienced rapid enrollment growth in the 1990s. In 2002, the company launched BlueChoicesSM, a new suite of products unlike any option ever introduced in the Utah market. BlueChoices is a consumer-directed suite of products that has proven to be the most successful and fastest growing offering ever for the company.
Plans
Regence Blue Cross Blue Shield of Utah offers three plans; BlueBasic (70% coverage), BlueAdvantage (80% coverage), and the Regence HSA Health Plan. To find out more about each plan, download the Utah brochure, request a quote, or contact us. You can also use hospitals that are out-of-network.
Download plan details and the Regence Blue Cross Blue Shield of Utah brochure.
