Ethisphere Institute, a for-profit company that defines and measures corporate ethical standards, released its 2024 list of the "World's Most Ethical Companies," which includes health insurers.
This year's list recognizes 136 organizations "for their unwavering commitment to business integrity." Honorees span 20 countries and 44 industries.
Here are the four payers that made the 2024 list:
- Blue Shield of California
- Cambia Health Solutions
- CareFirst BlueCross BlueShield
- Health Care Service Corp.
For the list, Ethisphere uses a proprietary rating system known as the Ethics Quotient to conduct a qualitative and quantitative assessment across five categories: third-party management; governance; culture of ethics; ethics and compliance; and environmental and social impact. Companies must apply to be included on the list, and the process includes an application fee. More information about the evaluation process is available here.