regence blue cross blue shield

Regence Drops Another $56,000 on Oregon Legislative Campaigns

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The health insurance company’s political action committee has focused on five legislative districts, helping the Republicans retain seats in Hood River, Wilsonville and McMinnville while advancing on Democrats in Woodburn and the Medford-Ashland seat that was held by the late Sen. Alan Bates.

The political subsidiary of Regence BlueCross BlueShield has dropped $56,000 on Oregon political campaigns in the past month, once again using profits to tilt elections this cycle, primarily toward the Republican Party.

By: 
Chris Gray

Insurance Commissioner Fines Regence

Regence says it worked cooperatively with the commissioner to resolve the dispute.

Two Regence health plans in Washington have been fined by Insurance Commissioner Mike Kreidler for failing to provide information about the impact of new Hepatitis C drug therapy costs.

By: 
Diane Lund-Muzikant

OMIP settles with Regence at Long Last

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Those dollars are coming out of OMIP's reserve fund, and it's unknown whether the other health insurers in the pool would have received that money had Regence not been successful. Check the story for more details.

Regence Blue Cross Blue Shield will receive a maximum of $7.1 million for billings to the Oregon Medical Insurance Pool that have long been in dispute, according to a proposal by OMIP’s board. It met May 28 to hear details of a Moss Adams audit of Regence’s billing practices.

By: 
Kendra Hogue and Diane Lund-Muzikant

High Surpluses by Oregon Insurers Won't Impact Tax Status

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As nonprofit health plans draw scrutiny for excess reserves nationwide, Oregon sees little effort to rein in surpluses, while Blue Shield of California has challenged the state’s decision to revoke its tax-exempt status.

As states try to rein in hikes to private health insurance rates, there’s growing scrutiny nationwide on nonprofit insurance companies – and whether they deserve the tax breaks that come with nonprofit status.

By: 
Courtney Sherwood

Cambia Adjusts to Post-ACA Insurance World

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The parent company of Regence BlueCross BlueShield invests in startups, boosts its for-profit subsidiary, but insurance still contributes 99% of revenue.

The parent of Oregon’s largest health insurance company expects to pay $81 million in fees starting later this year, under a provision of the Affordable Care Act.

By: 
Courtney Sherwood

Despite Spending $39 Million on Advertising, Oregon Insurers Gain Very Few New Members

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Regence BlueCross BlueShield remains dominant, followed by Kaiser, with PacificSource bringing up the ranks, however none of the self-insured numbers fall under the count.

Oregon’s largest health insurance companies spent more than $39 million on ads and marketing campaigns in the past two years– but they seemed to find it increasingly difficult to recruit new members, according to a Lund Report review of financial records.

By: 
Courtney Sherwood

Restrictions by Regence BlueCross BlueShield Irritate Practitioners

A pre-certification process was instituted Nov. 1 placing barriers in the way for people seeking care from alternative medical providers such as acupuncturists.
Until recently Regence BlueCross BlueShield had a glowing reputation among alternative care providers, and there were very few restrictions on what they could do for their patients.
 
By: 
Diane Lund-Muzikant

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