rate regulation

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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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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Regulators to Hold Rare Public Hearing on Regence

Regulators to Hold Rare Public Hearing on Regence

The largest commercial health plan in Oregon wants a 22.1 percent average increase
May 3, 2011 – The Oregon Insurance Division announced today it plans to hold a rare public hearing for a proposed 22.1 percent average premium increase on Regence BlueCross BlueShield individual plan holders. Read More >>
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Insurance Division Lowers Premiums in Half of All Cases

Insurance Division Lowers Premiums in Half of All Cases

Reductions in health insurance rate requests over the past year have saved consumers $25 million
PRESS RELEASE April 28, 2011 -- The Oregon Insurance Division of the Department of Consumer and Business Services has approved lower-than-requested health insurance rates in half of the cases it reviewed in the past 12 months. 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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Contested Rate Increase Heads to Appeals

Contested Rate Increase Heads to Appeals

Oregon Insurance Division defends process past and present
March 31, 2011 -- The Oregon Court of Appeals will revisit today one of the largest health insurance rate increases to hit Oregon consumers, a 26 percent average hike on Regence individual plan holders nearly three years ago. Read More >>
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OSPIRG Takes Aim at Health Insurance Premiums

OSPIRG Takes Aim at Health Insurance Premiums

In its first two reports, OSPIRG takes a scalpel to proposed premium hikes on small businesses
February 17, 2011 -- The $100,000 grant awarded the consumer group OSPIRG to analyze proposed health insurance rate requests seems to be having an impact. Read More >>
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Rate Review of Oregon Insurers Under Microscope

Rate Review of Oregon Insurers Under Microscope

Not enough is required as a precondition for a rate increase, Larry Kirsch told legislators on Monday
February 10, 2011 – Oregon needs stronger rate regulation of health insurance increases. That message was delivered loud and clear by Charles Ringo, a former state senator and Larry Kirsch, a health insurance economist, when they appeared before the Senate Committee on Consumer and Small Business Protection on Monday. Read More >>
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To Bend the Cost Curve, Modernize Rate Review

To Bend the Cost Curve, Modernize Rate Review

February 7, 2011 -- So who’s in charge now? More than a half century ago leading scholars in law and public policy raised the question whether the insurance industry would continue to be regulated by the states or would progressively come under Federal supervision. Read More >>
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Insurance Division Approves 14.3 Percent Regence Rate Increase

Insurance Division Approves 14.3 Percent Regence Rate Increase

State regulators scaled back several requests in recent months though insurance rates still skyrocket
January 5, 2011 -- The Oregon Insurance Division has approved a 14.3 percent average rate increase affecting nearly 70,000 people with Regence BlueCross BlueShield individual health insurance renewing after February 1. Read More >>
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