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Regence
Overview
Regence provides health insurance products and other managed care services. Founded in 1917, the company is headquartered in Seattle, US. As per the annual overview 2020 of the company, in-network providers are 41,665 with 717 in-network facilities and made $1.74 billion via member premiums. The company has served 3.1 million people. 70% of Fortune 500 companies are Blue. Financially, in 2020, the company spent $1.38 billion in healthcare with 16.29 million claims processed, paying a $3,144 average amount in claims per member.
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Quick Facts
| Company Name | Regence |
|---|---|
| Industry | Health Insurance |
| HQ Address | Seattle, US |
| Revenue | $ 2.49 Billion [2021] |
| Employee Size | 6000 |
| Company Type | Private |
| Website | www.regence.com |
| Subsidiaries | Regence Group Administrators (RGA) |
| Locations | Oregon, Washington, Idaho and Utah |
| Competitors | Health Care Service Corp., Blue Cross, and Blue Shield North Carolina, Capital Blue Cross |
| Recognition & Awards | Brand Excellence Award for “Enrollment Growth” in 2018 |
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