OSPIRG Foundation
Press Release: Four Proposed Health Insurance Rate Hikes Lack Adequate Justification
Oregon health insurance companies have proposed their premium rates for next year, and according to new OSP
Over $69 Million in Waste Cut from 2014 Health Insurance Premiums
Proposed 2014 Health Insurance Rates Lack Adequate Justification
$80 Million In Health Insurance Waste Cut Since 2010
PacificSource Rate Hike Will Hit 14.5% for Some Small Businesses
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.”
Regence Rate Hike Not Justified
Regence BlueCross BlueShield Rate Hike to Reach 16.4 Percent for Some Customers
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.
