premiums

Regulators Offer Little Backstop for Premium Hikes

High paid executives and skyrocketing premiums from coast to coast
November 19, 2009 -- New information from a Senate investigation reveals CIGNA, one of the country's largest health insurers, failed to account for $5 billion in premium revenue reported to state regulators. Read More >>

Regulators Praised for Tough Stance on Insurers

The Oregon Insurance Division says no exemptions to public disclosure on rate filings
October 27, 2009 -- State regulators at the Oregon Insurance Division are getting the thumbs up from health insurance reform advocates who say they’ve drawn a firm line in the first draft of rules to tighten the way they regulate health insurance premiums. Read More >>

Regence Hikes Medicare Advantage Plans 31 percent

Regence could lose its lead in Medicare Advantage members with its high cost premiums in 2010
October 15, 2009 -- Unlike its competitors, Regence BlueCross BlueShield is asking seniors to pay much higher premiums for their Medicare Advantage plans next year, according to filings submitted to the Centers for Medicare and Medicaid Services. Read More >>

Enrollment Down, Profits Up for Oregon Insurers

Insurers are on pace to increase profits this year by 25 percent on higher premiums while fewer people have coverage
September 9, 2009 -- As premiums continue to rise unabated, Oregon insurers lost more than 21,000 members in the second quarter of 2009 – from April through June – representing a 1.2 percent decline compared to the first quarter of this year. Read More >>

Industry Pressure Mounts on State Regulators

Lobbying to limit health insurance rate regulation extends beyond walls of the state capitol
September 3, 2009 – Armed with authority to peer deeper into health insurance balance sheets, the state agency that governs the industry faces intense lobbying pressure. Read More >>

Battle Against Regence Rate Increase Continues

Attorney files legal exception setting stage for battle in Court of Appeals
ospirg.org
July 23, 2009 --  Advocates are just getting started on their year-long fight against state regulators who approved a 26 percent rate hike on individual policyholders of Regence BlueCross BlueShield last July.  Read More >>

Oregon Takes Lead in Insurance Cost Scrutiny

Health insurers will soon have to report every administrative cost from furniture to moving expenses
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July 23, 2009 -- When Oregon regulators analyze insurance premiums next year, they’ll take a closer look at administrative costs than nearly any health insurance regulator in United States history. Read More >>

Insurance Tax Cost Shift All But Certain

New tax to expand coverage to children and low-income adults will have everyone paying higher premiums
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July 15, 2009 -- Employers will definitely feel the pain of an insurance tax that will help raise more than $115 billion to cover 115,000 uninsured children and low-income adults in Oregon over the next four years. Read More >>

Employer-Designed Health Plans Gain Traction

“Value-based” plans could save up to 12 percent according to healthcare actuary
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July 15, 2009 -- President Obama might want to take a serious look at how Oregon insurers and employers intend to transform healthcare in 2010. Read More >>

Health Net Readies Premium Increase

On the heels of legislation aimed at reducing costs, Health Net says new laws will increase premiums
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June 22, 2009 -- Governor Ted Kulongoski has yet to sign into law a provider tax (House Bill 2116) that will allow another 80,000 children and 35,000 low-income adults to become insured. Nevertheless, Health Net of Oregon plans to charge higher rates to compensate for the 1 percent premium tax. Read More >>
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