A.M. Best Revises Outlooks to Stable for Cambia Health Solutions, Inc. Affiliates
The rating affirmations reflect significant market share in
Overall enrollment at the Regence companies has fluctuated over the past five years. The largest changes were due to the decline in individual membership and the shift from insured to self-funded group business, which was the result of its strategy to reduce exposure to more volatile and regulatory-dependent segments. Additionally,
The rating affirmations of LifeMap reflect its good level of risk-adjusted capital, premium growth trend and strategic role in offering ancillary products for the organization, as well as financial support of its minority owner, Regence BCBSO, through a full guarantee. The revision of the outlook to stable from negative reflects the explicit capital support by its affiliated Regence owners.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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