health insurance

Data Show Huge Range in Hospital Prices Across Oregon

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The same procedures often cost five times more in rural areas as they do in Portland metro hospitals, according to a Lund Report analysis of insurance claims data.

A hospital billing database that’s been in development for years is beginning to shed light on the huge variation in the cost of medical care across Oregon.

Moda Negotiating A Major Infusion of Capital

Confidential sources tell The Lund Report that a deal is in the works that could eventually lead to another insurance company holding a majority of seats on Moda's board.

Speculation has swirled for years that Moda Health, Inc. would fail or be taken over.

Now it looks as if it will be the latter. 

Health Insurance Executives Commanded Large Salaries in 2017

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Several Oregon and Washington health insurance CEOs retired and took with them multi-million-dollar paychecks

Health insurance executives earned hefty paychecks in 2017, according to records obtained from the insurance divisions in Oregon, Washington and Utah by The Lund Report.

State Insurance Official Says Individual Market Would Fail Under Trumpcare

The Obamcare repeal is projected to send individual health market consumers running for the exits, which would leave health insurers stuck covering only the sickest, most desperate people, leading to a death spiral, according to Pat Allen, the director of the Department of Consumer & Business Services.

A top Oregon state health insurance official told reporters on Wednesday that he anticipates Trumpcare would send the individual market into a death spiral if enacted, sending younger and healthier people fleeing and only the most desperate and sickest consumers left buying health insurance.

2016 Exchange Health Enrollment Up 27 Percent Over 2015

More Oregonians are opting for the federal website to buy individual health insurance after two years of smooth running. A majority of returning customers are also shopping around and switching plans to get the best deal.

The health insurance exchange posted another week of solid numbers in Oregon, nearing 138,000 people in individual health plans, or about 30,000 more than last year.

Losses mount at Oregon health insurers

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State’s nine largest insurers report losses of $105.97 million during first six months of 2015, as membership levels generally hold steady

This is shaping up to be a financially brutal year for Oregon’s major health insurance companies. Since Jan. 1, the nine-largest traditional insurers in the state have reported cumulative losses of $105.97 million.

Moda Health Doubles in Size But Ends Up in the Red

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Major insurers Regence BlueCross BlueShield, Kaiser Permanente and PacificSource see their enrollments go down at the end of the third quarter, while co-ops pick up steam.

Moda Health has more than doubled in size since Jan. 1, when federal rules surrounding health coverage went into effect. Over the same period, Oregon’s largest insurers have shed tens of thousands of members, according to third-quarter statements filed with regulators. 

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