Senator Chip Shields Shines Light on Rate Review Process
March 28, 2011--The debate over how to reform Oregon’s healthcare system is contentious, but everyone agrees on certain facts. Healthcare costs are rising. Insurance premiums are increasing faster than peoples’ incomes. Obtaining insurance that’s both affordable and provides adequate health coverage is nearly impossible for the average Oregonian. And nobody seems to understand how the insurance rate review process really works.
Sen. Chip Shields (D-Portland) wants to change this by shining light on the rate review process and giving consumers a voice through public hearings where insurance companies must justify their rate requests.