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Oregon Health Insurers Ride Stock Market Gains

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 >>


Oregon Insurers Double Profits From Last Year

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 >>


PEBB Expected to Increase Rates

PEBB Expected to Increase Rates

The Public Employees Benefit Board is likely to approve an overall 9.93 percent hike when it meets Friday afternoon
July 7, 2010 -- Now that the $34 million hole has been plugged for state employee benefits for 2011, the Public Employees Benefit Board is preparing to accept rate increases to cover that gap when it meets on Friday afternoon. Read More >>


A Cautionary Tale from Santa Fe

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.
Read More >>


Double-Digit Rate Increase Hits Oregon Schools

Double-Digit Rate Increase Hits Oregon Schools

At the same time, teachers will see their benefits reduced, paying higher copays and deductibles.
May 5, 2010 -- School districts and community colleges face double-digit rate increases for health insurance this fall. The primary reason: high utilization of medical services. Read More >>


Health Reform Needs to Focus on Controlling Costs

Health Reform Needs to Focus on Controlling Costs

Any reform needs to tackle hospitals and specialty care, says Providence CEO
January 14, 2010 -- Despite pronouncements by Congress, reforming the health insurance industry won’t curb escalating costs unless politicians confront the provider delivery system, according to Jack Friedman, CEO of Providence Health Plans. Read More >>


Investments Buoy Oregon Health Insurer Profits

Investments Buoy Oregon Health Insurer Profits

Will gains transfer to lower premiums? Not yet anyway
December 10, 2009 -- Oregon insurers continued reaping the rewards of a positive stock market through much of this year, based on the latest available financial statements filed with the state. Read More >>


An Insurance Bureaucrat Speaks Out

An Insurance Bureaucrat Speaks Out

Dr. Don Thieman’s been inside the health insurance industry and he’s not remaining silent
December 3, 2009 -- A former medical director at Regence Bluecross Blueshield of Oregon says people have nothing to fear. By and large those in government have our interests at heart much more than people in the insurance industry. Read More >>


Regulators Offer Little Backstop for Premium Hikes

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 >>


Regence Hikes Medicare Advantage Plans 31 percent

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 >>


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