Loading...Loading...We bring many years of experience in working with multiemployer Taft-Hartley trust funds and labor groups in the following areas.
Regence is an independent licensee of the BlueCross BlueShield network. With a vast network of doctors and hospitals, we provide superior coverage and savings for our members, including the following:
- 97 percent in-network hospital penetration rate
- 92 percent in-network physician penetration rate
12 percent higher average savings on a PMPM basis compared to our competition
Our pharmacy services team works hard to deliver the lowest net costs to consumers and employers. With our evidence-based formulary, added integration with medical benefits, and robust reporting capabilities we can provide more value to our members.
- Higher generic utilization than our competitors
- National access to home delivery
Specialty pharmacy management programs
Through Employer Group Waiver plans, Regence offers retiree insurance plans to trust funds that are interested in providing coverage at sustainable costs. Plans are customizable and provide nationwide access to hospitals and physicians, wherever a retiree may live.
- Fastest-growing retirement subsidization program
- Monthly direct subsidy for each member enrolled on the product
Average plan savings are 35 percent compared to standard retiree plans
At Regence we offer competitive rates on stop-loss reinsurance to protect your self-funded plans against catastrophic losses. By integrating this coverage with other lines of business through Regence, you ensure immediate claims pickup, so there is no delay in processing.
- Remove risk from your self-funded plan and place it on the insurer.
- Include specific stop-loss to cover extreme losses for an individual person covered by the plan.
- Aggregate stop-loss when total claims by the entire group exceed a certain threshold.