insurers

Decision on Regence Rate Increase Still Weeks Away

Decision on Regence Rate Increase Still Weeks Away

Several Oregon health insurers posted lower premium rate increases than previously expected
June 30, 2011 – State regulators at the Oregon Insurance Division plan to take an additional few weeks to consider the proposed 22.1 percent average annual increase on Regence BlueCross BlueShield individual health plans. Read More >>
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House Passes Insurance Exchange Bill

House Passes Insurance Exchange Bill

June 7, 2011 – A bill that sets in motion the creation of a health insurance exchange in Oregon passed the House of Representatives today with 48 votes in favor and 12 opposed. Read More >>
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Regence Defends Rate Hike in Rare Public Hearing

Regence Defends Rate Hike in Rare Public Hearing

Close to 200 people showed up to voice their opinion
June 3, 2011 – Regence BlueCross BlueShield of Oregon President Jared Short defended a proposed 22.1 percent average annual rate increase on individual plan holders Thursday during a rare public hearing that drew close to 200 people.  Read More >>
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Oregon Insurers On Pace for Another Strong Year

Oregon Insurers On Pace for Another Strong Year

The first quarter financials show Oregon insurers are still riding investment gains
June 3, 2011 – Oregon’s seven largest health insurers finished the first quarter this year with fewer members and less net income than last year, but were still on pace to have another financially healthy year. Read More >>
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Legislative Logjam on Exchange Bill Rendered Moot

Legislative Logjam on Exchange Bill Rendered Moot

A bill to begin to create a health insurance exchange heads to the House floor
June 1, 2011 – Rep. Jim Thompson (R-Dallas) was the sole Republican on the House Health Care Committee Wednesday to support a bill that sets in motion the creation of a health insurance exchange in Oregon. Read More >>
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Exchange Bill Pits Business Groups Against Consumers

Exchange Bill Pits Business Groups Against Consumers

A hang-up over selective contracting has the health insurance exchange bill hanging by a thread
May 26, 2011 -- Legislation to create a health insurance exchange in Oregon by 2014 is pitting business groups against consumer advocates when it comes to an important aspect of the bill that could make the end product stronger.  Read More >>
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State Regulators Fine Providence $20,000

State Regulators Fine Providence $20,000

The health plan failed to explain why it needed additional information before paying claims
May 25, 2011 -- Providence Health Plan was fined $20,000 by the Department of Consumer and Business Services for failing to explain why it needed additional information before paying claims. Read More >>
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Senate Passes Exchange Bill

Senate Passes Exchange Bill

Two Democrats vote 'no' signaling shaky road to House
April 25, 2011 -- The Oregon Senate passed legislation today to create a health insurance exchange without the vote of two Democrats and three Republicans. The bill heads next to an equally divided House. Read More >>
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Insurance Exchange Bill Likely to Progress Without Much Change

Insurance Exchange Bill Likely to Progress Without Much Change

The fight for a stronger health insurance exchange in Oregon will likely take place beyond the legislative session as lawmakers look to pass a compromise bill
April 21, 2011 -- A month ago, Rep. Mitch Greenlick (D-Portland) told his Senate colleagues that he wouldn't vote for a bill creating a health insurance exchange if it included commissions for insurance brokers.  Read More >>
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Health Insurers Make More, Cover Fewer People

Health Insurers Make More, Cover Fewer People

The 2010 financials for Oregon health insurers paints a troubling picture as nation grips for reform
March 28, 2011 -- Oregon health insurers covered fewer people and made more money last year than in recent years past according to the year-end financial statements submitted to the Oregon Insurance Division. Read More >>
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