Years of pummeling losses crippled LifeWise Health Plan’s ability to remain solvent in Oregon, yet that didn’t hamper top management from earning handsome salaries in 2015, with some of its sales and account managers taking home double digit increases, according to filings with the Oregon Insuran
LifeWise Health Plan
PORTLAND, OR– LifeWise Health Plan of Oregon today announced its decision to exit the Oregon market. LifeWise Oregon will support existing customers through the duration of their current plan year, with most plans ending by December 31, 2016.
The remaining operations for the state’s insurance exchange appear to have shifted tranquilly from the wreckage of Cover Oregon over to the Department of Consumer and Business Services, with 2015 enrollment at 107,000 people -- up from 70,000 in 2014.
This article is for premium subscribers. Please sign up here for a tax-deductible subscription.
If you're a premium subscriber, sign in below.
As people scramble to make the Dec. 15 deadline to sign up for healthcare.gov so they can have coverage starting Jan. 1, it’s become quite apparent that those living in rural counties are having to pay substantially more for their insurance.
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.
March 7, 2013 -- Was 2012 the year of the health insurance upstart?