rate regulation

Decision on Regence Rate Increase Still Weeks Away

The Lund Report
Several Oregon health insurers posted lower premium rate increases than previously expected
June 30, 2011 – State regulators at the Oregon Insurance Division plan to take an additional few weeks to consider the proposed 22.1 percent average annual increase on Regence BlueCross BlueShield individual health plans.
 

Regence Defends Rate Hike in Rare Public Hearing

The Lund Report
Close to 200 people showed up to voice their opinion
June 3, 2011 – Regence BlueCross BlueShield of Oregon President Jared Short defended a proposed 22.1 percent average annual rate increase on individual plan holders Thursday during a rare public hearing that drew close to 200 people. 
 
Short said the reason for the proposed increase had to do primarily with rising medical costs.
 
“There’s nothing about this rate increase that I feel good about,” Short said. “The reality is Oregonians are in a place where families are facing increased costs.

Regulators to Hold Rare Public Hearing on Regence

The Lund Report
The largest commercial health plan in Oregon wants a 22.1 percent average increase
May 3, 2011 – The Oregon Insurance Division announced today it plans to hold a rare public hearing for a proposed 22.1 percent average premium increase on Regence BlueCross BlueShield individual plan holders.
 

Insurance Division Lowers Premiums in Half of All Cases

The Lund Report
Reductions in health insurance rate requests over the past year have saved consumers $25 million

April 28, 2011 -- The Oregon Insurance Division of the Department of Consumer and Business Services has approved lower-than-requested health insurance rates in half of the cases it reviewed in the past 12 months.

Senate Passes Exchange Bill

The Lund Report
Two Democrats vote 'no' signaling shaky road to House
April 25, 2011 -- The Oregon Senate passed legislation today to create a health insurance exchange without the vote of two Democrats and three Republicans. The bill heads next to an equally divided House.
 

Contested Rate Increase Heads to Appeals

The Lund Report
Oregon Insurance Division defends process past and present
March 31, 2011 -- The Oregon Court of Appeals will revisit today one of the largest health insurance rate increases to hit Oregon consumers, a 26 percent average hike on Regence individual plan holders nearly three years ago.
 

OSPIRG Takes Aim at Health Insurance Premiums

The Lund Report
In its first two reports, OSPIRG takes a scalpel to proposed premium hikes on small businesses
February 17, 2011 -- The $100,000 grant awarded the consumer group OSPIRG to analyze proposed health insurance rate requests seems to be having an impact.
 

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