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Increased profits, especially in the second quarter of the year, were eye-popping for Kaiser Foundation Health Plan and Regence BlueCross BlueShield of Oregon.
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The judgment settles the Portland insurer's four year battle against the federal government over risk corridor payments under the Affordable Care Act.
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Commercial health insurers in Oregon struggled to stem financial losses through the first quarter of 2020, previewing what could be a chaotic year for the insurance industry as the coronavirus pandemic continues to upend the health care system.
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Oregonians who purchase individual or small-group health insurance plans on the marketplace will see only modest rate increases in 2021, the second straight year cost growth has been held largely in check after years of steep price hikes.
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The former marketing director of Moda Health is suing the insurer over allegations of violating Oregon’s Equal Pay Act.
Portland-based Moda Health Plan, battered in recent years by uncertain finances, stands to gain a substantial infusion of cash as a result of a U.S. Supreme Court decision that bolstered part of the Affordable Care Act.
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After hefty payments for sick enrollees pushed several of Oregon’s largest commercial insurers to large financial losses in 2018, last year marked a significant rebound for the industry.
No clear split between conservative and liberal Supreme Court justices emerged Tuesday as justices heard arguments over whether the federal government could renege on Congress’ promise to p
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After three years of legal victories, setbacks and appeals, Moda Health and other insurers are finally facing off with the federal government at the U.S. Supreme Court.
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Profits have slowed considerably at many of Oregon’s largest commercial health insurers after a strong start to 2019.
