insurers

High Risk Pool to Save Insurers Millions

The federal program will extend coverage and save Oregon insurers millions
June 30, 2010 -- The federal program to insure people with pre-existing conditions rolling out across the country this month could extend health coverage to an estimated 6,700 Oregonians. Read More >>

Keck Resigns as Providence CMO

He intends to move back to northern California in August
June 28, 2010 -- Dr. Kevin Keck, FACP, has resigned as chief medical officer of Providence Health Plans effective July 31 and intends to relocate to northern California to be closer to his 89-year-old mother. Read More >>

Insurance Rates Increase Unabated

Oregon regulators prepare for $1 million federal grant to strengthen rate review
June 24, 2010 -- Double-digit premium increases continue to plague Oregonians this year despite passage of the new health reform law and stern warnings by President Barack Obama to the nation’s health insurers not to gouge consumers. Read More >>

Oregon Expects $66 Million From Feds

That money will help subsidize the medical claim costs for people who enroll in the federal high risk pool slated to start Aug. 1.
June 2, 2010 -- Oregon is poised to receive $66 million over the next three years to run a federal high risk pool. A formal application was submitted to the Centers for Medicare and Medicaid Services yesterday.
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Oregon Health Insurance Profits Soar

In the first quarter alone insurers earned record profit while covering fewer people
May 27, 2010 -- Oregon’s eight largest domiciled insurers covered less people and made more profit in the first quarter of this year then in any quarter in more than two years. Read More >>

"Quit Smoking" Programs Reduce Premiums

How a new law requiring insurers to boost smoking cessation benefits is a win-win for everyone, that is, if they know about it
May 26, 2010 -- A months-old Oregon law that requires health insurers to offer benefits encouraging people to quit smoking could become one of the state's most cost-effective healthcare policies, at least in one doctor's opinion. Read More >>

LifeWise and Legacy Settle Differences

No details are forthcoming about the multi-year contract between the hospital system and health insurer
May 12, 2010 – Following a series of protracted negotiations, LifeWise Health Plans has signed a multi-year agreement with Legacy Health System. Read More >>

A Cautionary Tale from Santa Fe

A health insurance expert gives a cautionary tale to those pushing for meaningful federal rate review
May 5, 2010 -- You may have heard in Santa Fe recently, State Insurance Commissioner Mo Chavez approved a 21% rate increase affecting 40,000 Individual Blue Cross Blue Shield of New Mexico subscribers.
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Regence Executive Salaries in Washington Take a Tumble

Premera Blue Cross executives were the highest paid; their CEO took home $2.2 million in 2009
April 15, 2010 – Compared to their Washington counterparts, Regence officials must be shaking in their boots. Read More >>

Beware: Health Reform Insurance Scams

The Oregon Insurance Division issued the following warning to consumers
April 13, 2010 -- The Oregon Department of Consumer and Business Services is asking consumers to report any attempts by salespeople to use federal health care reform to pressure them into buying insurance. Read More >>
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