affordable care act

Regence BlueCross BlueShield Invests Millions in For-Profit Ventures

The Lund Report
At the same time, the non-profit insurer has been shedding members, having lost more than 650,000 people in the individual and group market in Oregon alone since 2007

July 19, 2012 – Regence BlueCross BlueShield is starting to look more like a for-profit healthcare business – with a dash of venture capital thrown in for good measure.

Supreme Court Ruling Met With Relief in Oregon

The Lund Report
Oregon’s reforms will continue without disruption or loss of necessary funding

June 28, 2012—Today’s Supreme Court ruling largely upholding President Barack Obama’s Patient Protection and Affordable Care Act and its provisions means it’s full steam ahead for the state’s health insurance exchange, creation of coordinated care organizations, and other reforms being implemented in the state.

Oregonians Benefit From Insurance Rebates under Affordable Care Act

The Lund Report
In this state, about 24,000 individuals and small businesses can expect to receive $4.7 million in rebates by August 1

June 21, 2012 -- While everyone waits anxiously for the outcome of the Supreme Court decision on the Affordable Care Act, about 12.8 million Americans will receive $1.1 billion in refunds from insurance companies that overcharged them for health plan premiums last year under new rules created by the healthcare reform law, according to an announcement from the Department of Health and Human Services.

Freelancers Co-Op of Oregon begins search for top-level management

The Lund Report
Interim CEO Rick Koven says the New York-based Freelancers Union set up shop in Oregon because it's a 'creative hub' with many independent workers

May 30, 2012 -- The first of two Oregon nonprofits to receive startup funding from the federal government announced last week that it is seeking a director of finance and a director of operations. It has also hired Rick Koven as its interim CEO

The Freelancers Co-Op of Oregon, started with assistance from the New York City-based Freelancers Union, received $59 million from Centers for Medicare and Medicaid Services (CMS) to start a cooperatively-owned and operated health plan in the state. So far, Oregon is the only state to receive funding for two co-op health plans.

Oregon Votes “No” on NAIC Resolution Involving Medical Loss Ratio

The Lund Report

November 23, 2011 -- Oregon voted “no” Tuesday on a National Association of Insurance Commissioners (NAIC) resolution that recommends changes to how agent commissions are considered in the medical loss ratio provisions of the Affordable Care Act.

The medical loss ratio calculation requires that insurance companies spend a certain percentage of premium dollars on medical care versus administrative costs and profit. Companies that fail to do so must provide rebates to their policyholders.

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