oregon insurance division

ODS Rate Decision Expected Next Week

ODS Health Insurance has asked for a 9.94 percent increase on its individual policies starting November 1
This article has been corrected to indicate the compounded rate increase by ODS Health Plan since 2009 was 50.5 percent   September 21, 2011 – Officials at the Oregon Insurance Division anticipate making a decision on the 9.94 percent rate request by ODS Health Plan next week. Read More >>

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 >>

Insurer Fined for Denying Breast Exams and Pap Smears

June 8, 2011 -- The MEGA Life and Health Insurance Company has been fined $40,000 for improperly denying 877 claims for breast exams and Pap smears by the Department of Consumer and Business Services. Read More >>

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 >>

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 >>

DCBS Fines Regence BlueCross BlueShield

The state Insurance Division holds a hearing Thursday afternoon on Regence’s 22.1 percent rate request for its 60,000 individual members
May 31, 2011 -- Regence BlueCross BlueShield of Oregon has been fined $10,000 by the Department of Consumer and Business Services for charging one of its members for medical information to evaluate a health statement last October.
Read More >>

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 >>

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 >>

Insurance Division Resists Legislation on Rate Increases

Sen. Chip Shields, the bill’s sponsor, questions why Teresa Miller, the Division’s administrator, opposes such a measure
April 15, 2011--Sen. Chip Shields (D-Portland) is having a tough time getting the three bills he cares most about this session out of the General Government, Consumer and Small Business Protection Committee, which he chairs, and to a vote on the Senate floor. Read More >>

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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