Financial Strength And Reliability
Kansans want confidence that their health insurer will be there for them, no matter what the future may bring.
Such financial stability requires prudent fiscal management and strong policyholders’ reserves. Blue Cross is pleased to note that A.M. Best, the insurance industry’s most respected rating group, recognizes our financial strength with a rating of “A” or “excellent.” This rating reflects our strong reserves that help ensure our members’ claims will be paid now and in the future, regardless of potential catastrophic events. Strong reserves also allow us to continually invest in new technologies and programs that help enhance service and wellness for our members.
Benefit to Kansas Economy - 2005
(BCBSKS and Employees)
|Federal income tax:||$38,930,500|
|Personal property tax:||$621,300|
|Real estate tax:||$549,400|
|Total taxes paid:||$61,295,900|
|* Includes claims processed and paid for beneficiaries in Kansas, Nebraska and Northwest Missouri|
Next page: $1 Billion Savings for Members