rate regulation

Insurers Ready Another Round of Double-Digit Hikes

State actuaries say medical costs went up 12 to 13 percent last year
February 4, 2010 -- Regence BlueCross BlueShield is asking the Insurance Division to approve a 25.3 percent average premium increase on more than 73,000 individuals whose policies renew starting April 1. Read More >>

Insurers, Consumers Battle Over Public Disclosure

Under the proposed rule, financial information considered confidential by insurance companies would be made public when they request a rate increase
February 4, 2010 -- A tug of war is under way between health insurers and consumer advocates over disclosure, and the decision rests in the hands of Oregon’s Insurance Division. Read More >>

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 >>

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
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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 >>

Greenlick Concedes Lawmakers Punted Tough Questions

Leading reformist gets praise yet disappointment for what legislature left out of critical reform
football punter
July 23, 2009 -- Oregon's Legislature "avoided all of the hard questions" when it dealt with healthcare reform, according to Rep. Mitch Greenlick (D-Portland), who spoke to a group of health reform advocates earlier in the week.  Read More >>

Law Judge Upholds Regence Rate Increase

Attorney in the case says he'll appeal the decision further
space shuttle
June 29, 2009 -- Charlie Ringo, attorney and former Oregon Senator, says he will appeal the decision to uphold a 26 percent rate increase on Regence individual health plans that took effect last year. Read More >>

Comprehensive Health Reform Bill Nears Passage

Advocates say the bill is too soft on insurance rate review, but there’s much to applaud
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May 28, 2009 -- A comprehensive health reform package winding its way through Oregon’s Legislature promises to reduce costs while improving quality. Read More >>
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