The consumer watchdog argues that Providence’s trepidations about federal policy changes are unjustified and inflation trends are higher than its competitors. Providence sells almost half of all individual health policies in Oregon.
The Division is reconsidering 2017 rates for ATRIO Health Plans, BridgeSpan Health Company, Providence Health Plan and Regence BlueCross BlueShield of Oregon and expects to announce its decision later this week.
New OSPIRG Foundation analysis of 2016 rates proposed by four Oregon insurers—LifeWise, Moda, PacificSource and Regence—identifies problems and gaps in the insurers’ filings, and calls for increased scrutiny of insurers’ efforts to cut waste and improve quality of care.
The Insurance Division has a fast timeline to review the rate proposals from the 16 health insurers eager to participate in the individual and small group market this fall.
House Bill 2468 will enable state regulators hold insurers accountable for delivering access to needed health care services through provider networks. The bill passed the Oregon Senate today and is on its way to Gov. Brown’s desk.