medical costs

One Step Closer to Medical-Loss Ratio Rules

The National Association of Insurance Commisisoners set final rules amid insurance industry objections
@ TheHill.com
October 22, 2010 -- The National Association of Insurance Commissioners (NAIC) voted unanimously Thursday to finalize new rules requiring insurance companies to dedicate more revenues directly to healthcare costs. Read More >>

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 >>

Health Insurers Increase Profits 32 Percent

Whether Oregon health insurers were profitable or not last year largely depended on the stock market
March 17, 2010 -- Investment gains for Oregon’s eight largest health insurers were about the only thing keeping consumers’ premiums from climbing even higher this year. Read More >>

Small Businesses Face Brunt of Insurance Hikes

State regulators approve rate requests for Regence and HealthNet, while other requests are pending
February 11, 2010 -- The Oregon Insurance Division approved a 16 percent rate increase on Regence individual health plans renewing after April and a 12.2 percent increase on HealthNet small group plans. Read More >>

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 >>
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