News

After careful analysis, Portico will no longer offer the provision enabling interim pastors to purchase disability coverage effective Jan. 1, 2022.

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For 2022, Portico’s trustees approved the lowest ELCA-Primary health contribution baseline rate increase in eight years; no change to ELCA-Primary deductibles and copayments; and double-digit ELCA Medicare-Primary health contribution reductions for retired and non-sponsored members.

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See the impact that a $300,000 Portico positive social investment in the Raza Development Fund, a Community Development Financial Institution, has helped to create in Latino and low-income communities across the country over the last two years.

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In late March, Portico’s investment team made a $25 million social impact first investment in Nuveen’s Community & Economic Development bond portfolio through the ELCA retirement plan. This investment is […]

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A settlement has been reached in a class action antitrust lawsuit on behalf of individuals and companies that purchased or were enrolled in Blue Cross Blue Shield health insurance or administrative health services.

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After careful analysis, Portico decided early this year to adopt a permanent hybrid work model and will be relocating later this year.

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Investors in Portico’s social purpose (SP) funds get two kinds of returns — financial returns and evidence of social impact. The chart below describes the positive environmental impact of the […]

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Starting in March, Portico is introducing two new virtual benefits for ELCA-Primary health benefit members at no additional cost: BurnAlong is a virtual health and fitness platform offering thousands of classes on topics like exercise, nutrition, and stress management. SWORD is a clinical-grade, virtual therapy program for members experiencing back, joint, and muscle pain.

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In 2017, Portico announced its positive social impact first (SIF) investment in Bank of Palestine through certain ELCA social purpose funds. Bank of Palestine is an innovative, socially responsible institution with the widest branch network in Palestine and a presence dating back to 1960. It is also a valued Portico social purpose investment partner.

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Impax Asset Management is a U.K.-based global stock investment manager making a worldwide difference for the environment. It invests in companies pursuing positive environmental strategies with measurable outcomes, including wind […]

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