AZ Business magazine and BestCompaniesAZ present the Most Admired Companies program each year with the goal of recognizing organizations that excel in these six key areas: Customer opinion; diversity, equity, and inclusion; innovation; leadership excellence; social responsibility; and workplace culture. One of Arizona’s Most Admired Companies for 2021 is Blue Cross Blue Shield of Arizona.

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With hundreds of nominations representing the most innovative, impactful and successful companies in Arizona, being one of Most Admired Companies of 2021 shows that these companies truly represent the best in Arizona business. The Most Admired Companies for 2021 will be honored at an awards dinner Oct. 7, 2021, at Pointe Hilton Resort Tapatio Cliffs in Phoenix. Title sponsors for the Most Admired Companies awards are WaFd Bank and Taylor Morrison. For sponsorship information, email For information about the event honoring the Most Admired Companies, email or click here. will be spotlighting one of Arizona’s Most Admired Companies each day leading up to the awards dinner.

Blue Cross Blue Shield of Arizona

Most Admired Company: 2011, 2017, 2021

Top Arizona executive: Pam Kehaly, president and CEO

What it does: Offers health and dental insurance plans for individuals and families in Arizona.

Admirable trait: During the pandemic, BCBSAZ was called upon by the state to help deliver hope to the community. The company quickly mobilized its team and its trusted partners. Starting on January 11, BCBSAZ rallied the hundreds of volunteers needed each day to staff the State Farm Stadium vaccination site and other sites. During the three-month assignment, BCBSAZ volunteers and partners logged nearly 15,200 shifts and more than 145,000 hours in the historic effort.

Diversity: To continue its ongoing efforts of promoting Diversity, Equity, and Inclusion (D, E & I), Blue Cross Blue Shield ofArizona has formed a D, E & I Leadership Council (the Council) based on the shared objective to continue to raise awareness and create opportunity for change. Within BCBSAZ, it is essential to create and maintain a culture of inclusion and opportunity as well as actively guard against bias of any kind. BCBSAZ leadership’s aim is to empower every member of its team to engage in the company’s mission of improving health for Arizonans.