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Insurers’ high pandemic profits from Oregon Health Plan spark legislative hearing

Citing reporting by The Lund Report, lawmakers highlighted more than $400 million in profits, which insurers defended as needed reserves and money for future community investments
September 28, 2023
 
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Dave Baden, interim director of the Oregon Health Authority, speaks to the House Interim Committee On Behavioral Health and Health Care on Wednesday, Sept. 27, 2023, about the financial strength of the state’s Medicaid insurers. | JAKE THOMAS/THE LUND REPORT

Leaders of the insurers serving the Oregon Health Plan on Wednesday defended their hefty profits reaped from the government program durin