jared short

Regulators Didn’t Question $56 Million Payout by Regence BlueCross BlueShield

Five months before Regence asked for a 22.1 percent rate increase, the insurer paid a $56 million dividend to its holding company; some of those funds were used to launch Sprig Health
When state regulators approved a 12.8 percent rate increase for Regence BlueCross BlueShield earlier this year, they were aware that the insurer had dipped into its surplus account and given a $56 million dividend to its holding company just five months earlier. Read More >>

Regence BlueShield Shutting Down Subsidiary After Spending $19.3 Million

Known as Kinetix Living Corporation, Regence purchased the company for $15 million, and spent another $4.3 million trying to keep it alive
October 20, 2011 – Mark Ganz, president and CEO, of The Regence Group had nothing but praise when he announced the purchase of Kinetix Living Corporation last year. Read More >>

The Regence Group Experiences a Major Shake-up in Leadership Changes

Two press releases from Regence officials don’t reveal the whole story about what led to those leadership changes
September 29, 2011 – To an outsider, it sounded as if nothing significant happened when Regence officials sent two press releases yesterday acknowledging that Jared Short had changed roles with Bill Barr to lead the company’s health insurance plans in its four-state region – Oregon, Washington, Idaho and Utah. Short had been president of the Oregon health plan, and is now executive vice president of health insurance services. Read More >>

Regence Drops Lawsuit Against PEBB

President Short delivered the news in an email to agents and brokers today
October 15, 2009 -- Jared Short, president of Regence Blue Cross BlueShield of Oregon, announced today the insurer would drop its lawsuit against the Public Employees Benefit Board for terminating its contract for the next two years. Read More >>
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