Standard & Poor’s National Rating Service
Blue Cross and Blue Shield of Louisiana (BCBSLA) holds 13 consecutive "A" ratings for its financial strength from national rating service Standard & Poor's.
The 2009 report on Blue Cross states, “BCBSLA’s competitive position is strong and … is built upon key strengths such as its large market share, high brand awareness, broad provider networks with good discounts, local market expertise and service, and competitive product offerings."
Standard & Poor’s is the world’s foremost provider of benchmarks for measuring corporate financial health.
URAC 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 latest 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
