Nonprofit health insurers' surpluses

Two of the state's three major health insurers -- all of which are nonprofits -- have accrued surpluses of more than $1 billion, even as health premiums have continued their steep rise. The third has more than $430 million.

Our office has repeatedly asked the state Legislature for the authority to consider health insurers' surpluses when determining if a rate request is reasonable, most recently with 2013's HB 1349 ( The legislation did not pass.

Surplus is different from an insurer's reserves

Reserves ensure that a company can pay future claims. Reserves are not part of a company's surplus. Surplus is what's left over after accounting for all foreseeable future claims and expenses.  


Premera Blue Cross total capital and surplus - $1.1 billion

Premera surplus

Regence Blue Shield total capital and surplus - $1 billion

 Group Health surplus

Group Health Cooperative total capital and surplus - $431 million

Group Health surplus chart


Updated 03/27/2014

See also

Need more help?