Upcoming Health Insurance Rate Hearings Involving Regence/ Providence

July 25, 2012 -- Watch online: Both hearings will be streamed live so that people can watch from their computers at home. To view the hearing, visit this page shortly before the starting time: http://www.oregonhealthrates.org/?pg=public_hearing.html.

Hearing details:

  • The Regence BlueCross BlueShield of Oregon hearing starts at 3 p.m. Monday, July 30. The company is seeking a 9.6 percent average rate increase for individual non-grandfathered health plans, affecting 52,516 members. You can view company's rate request documents here. Also, this fact sheet provides information on the company's plans to discontinue some of its lower-deductible plans and to change the provider network options available to Portland-area members.
  • The Providence Health Plan hearing starts at 1:30 p.m. Thursday, August 2. The company is seeking a 15.7 percent average rate increase for non-grandfathered individual health plans affecting 12,162 members. View the company's rate request documents here.

Insurance Division review: The division considers a variety of factors in determining whether a rate proposal is justified. Learn more.

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