April 17, 2013 – The profit margins of Oregon’s health insurance companies remained razor thin last year, but that didn’t hinder any of their top executives from taking home bigger paychecks.
February 15, 2012 -- Providence Health Plans is seeking a 5.4 percent average rate increase for small businesses, which would affect 2,645 employers who have 30,869 employees. If approved, the increase would take effect August 1.
The Oregon Insurance Division has scheduled a public hearing for 10 a.m., February 24 at the Public Services Building in Salem. To learn more details and submit a public comment, click here.
November 17, 2011 -- As healthcare costs spiral out of control, “Medicare makes Social Security look like chump change in terms of what it's going to take to get future liabilities funded,” said Jack Friedman, CEO of Providence Health Plans, the keynote speaker at the Healthcare Information and Management Systems Society conference earlier this week.
October 27, 2009 -- The public option debated in Congress won’t gain any traction with Oregon’s insurance executives who keep comparing the proposal to traditional Medicare, claiming it’s a broken system in need of serious repair.