Despite the preliminary decision by the Oregon Insurance Division to raise insurance premiums even higher than requested, consumer activists aren’t giving up hope. Jesse O’Brien, public health advocate for OSPIRG, had urged the Division to lower those rates, particularly for PacificSource. LIfewise and Moda Health, which, on average, could now see their rates jump by 35 percent next January.
Preliminary numbers released by the Oregon Insurance Division on individual enrollment in the health insurance exchange once again show Moda has a dominant lead over its competitors.
The Oregon Insurance Division will have to detail its decision-making assumptions in a preliminary finding, adding another step to the process of reviewing and setting health and life insurance rates for the individual and small business markets.
Oregon’s Health Co-Op, which has struggled to get a foothold in the Oregon insurance market, has proposed legislation to provide insurers a better appeal process while requiring the Insurance Division to better explain its rate-setting decisions for plans sold on the individual and small business markets.
he Insurance Division released some new numbers Friday showing marked improvement in the number of enrollees who have transferred over to healthcare.gov, but as many as 50,000 people currently served by Cover Oregon may see a lapse in coverage if they didn't pick an insurance plan by Dec. 15.
Here are the rates -- by health insurer -- approved for next year's exchange -- people can begin signing up Nov. 15 with the federal site -- www.healthcaregov.