Oregon health insurance companies have proposed their premium rates for next year, and according to new OSPIRG Foundation analysis released today,
September 21, 2012 -- More than 36,000 Oregonians with small group health coverage will see rate hikes of 8.62% on average, and as high as 14.5%, if the premium rate hike proposed by PacificSource Health Plans goes forward.
“Health care already costs more than it should,” said Jesse O’Brien, OSPIRG Foundation Health Care Advocate. “Many Oregon businesses simply cannot afford rate hikes like this in today’s economy.”
July 9, 2012 -- More than 52,000 Oregonians with individual health insurance plans will see rate hikes of 9.6% on average, and as high as 16.4%, if the premium rate hike posted today by Regence BlueCross BlueShield goes forward.
At the same time, customers in lower-deductible plans will face out-of pocket costs starting at $2,500 before coverage kicks in, and consumers in the Portland metro area may need to change providers.