/web/reddotcm/html/search.asp
TYPE SIZE  
 
Your Health. Our Commitment.
 Company | Community | Contact Us 
Register | Help 
Your Health. Our Commitment.
Job Opportunities
Doing Business With Us
Office Hours and Holidays
News
Ratings and Accreditations
Leadership Team
Annual Report
Healthcare Costs
Mission, Vision and Values
Diversity
Business Conduct
Report Fraud
Privacy Efforts
Company History
Visitor Guide
[QUICK LINKS]
Your Health. Our Commitment.
Our Plans
Community
[RELATED LINKS]
Annual Report
News
Home | Company | Ratings and Accreditations
Ratings and Accreditations
Print
View

Standard & Poor’s National Rating Service 
Blue Cross and Blue Shield of Louisiana (BCBSLA) holds 12 consecutive "A" ratings for its financial strength from national rating service Standard & Poor's.

In its most recent review of the company, Standard & Poor's report noted the following highlights:

  • Strong competitive position: “The company is the largest health insurer in Louisiana based on membership (1.14 million members), with an estimated market share of at least 50% of the privately insured market.”
  • Very strong capitalization: “Historical surplus growth has been strong.”
  • Very strong liquidity: “BCBSLA’s very strong liquidity is supported by the makeup of its investment portfolio and the short-tailed nature of its health insurance liabilities.”
  • Return on revenue: “Operating performance is strong. The company generally targets lower return on revenue than its for-profit competitors.”  

Standard & Poor’s is the world’s foremost provider of benchmarks for measuring corporate financial health. 

URAC AccreditationsURAC accreditations
BCBSLA and its HMO Louisiana, Inc. subsidiary hold five accreditations from URAC, a Washington, D.C.-based healthcare accrediting organization that establishes quality standards for the healthcare industry. For more information, view our press release.

Current accreditations, with exclusions noted below:

  • Case Management*In 2001, BCBSLA was one of the first two Blue Cross Plans in the country to earn this accreditation.
  • Health Network*±- BCBSLA's Preferred Care PPO network was the first nationally accredited PPO in Louisiana. The company has held Health Network Accreditation continuously since 1998.
  • Health Plan*±- Continuously earned by subsidiary HMO Louisiana, Inc. since 2001
  • Health Utilization Management*±- Both HMO Louisiana, Inc. and BCBSLA Preferred Care PPO hold this accreditation, first awarded in 2001.
  • HIPAA Privacy - BCBSLA has held HIPAA Privacy accreditation since 2003. It is one of only 10 companies nationwide to receive such recognition. Press release

    *Excludes NASCO, ITS Participating, BCBSLA Traditional (Indemnity), East Baton Rouge Parish School Board and East Baton Rouge City-Parish
    ±Excludes Advantage Blue and FEP
 

Careers | Ratings & Accreditations | Privacy Notice | Terms of Use | Support | Employee Info
Copyright © 2009 Blue Cross and Blue Shield of Louisiana. Blue Cross and Blue Shield
of Louisiana is licensed to sell products only in the state of Louisiana.
External links open in new windows
to websites not controlled by BCBSLA.