oregon insurance division

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 >>

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 >>

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 >>

Health Insurers Financially Strong, Says State

In its annual report on Oregon’s health insurance companies, state regulators report the market is strong
February 2, 2011 -- Oregon’s health insurance companies covered fewer people as a result of the economic downturn while the stock market rebound last year brought increased profits, according to a recent report by the Oregon Insurance Division. Read More >>

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 >>

Oregon Pushes Back on Insurance Rate Increases

The Oregon Insurance Division lowers several key rate increase requests
@ Oregonlive.com
December 10, 2010 -- Oregonians with spendy individual and small-business health insurance plans are again facing double-digit increases. Read More >>

Oregon Health Insurers Ride Stock Market Gains

Net investment income helps buoy insurance earnings to pre-recession levels
December 1, 2010 – Oregon health insurers continued an aggressive earnings pace through September of this year that saw the state’s top eight companies posting more than $170 million in net income. Read More >>

OSPIRG Earns Grant to Review Rates

Oregon officials want better consumer reviews of proposed insurance premiums
November 10, 2010 -- The consumer advocacy group OSPIRG has been awarded a $100,000 grant to provide in-depth analysis to the Oregon Insurance Division about health insurance rate increases. Read More >>

LifeWise Suspends Sale of Individual Policies

The health insurer disagrees with the Oregon Insurance Division about when federal reforms come into effect
October 21, 2010 -- At the direction of the Oregon Insurance Division, LifeWise Health Plan of Oregon has temporarily suspended sales of new individual policies. Read More >>

Oregon Insurers Double Profits From Last Year

Shedding members, padding surplus and increasing profits continued
September 1, 2010 -- Oregon’s eight largest health insurers continued to shed members and increase profits in the first six months of this year, based on the industry’s latest financial statements released by the Oregon Insurance Division. Read More >>
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