The Oregon State Public Interest Research Group submitted 24,000 signatures from Oregon residents, impelling the board to make changes that would compel the Insurance Division to make insurance company rate hikes more transparent and the companies more accountable.
This story has been modified after The Lund Report learned that the Washington Insurance Commissioner has not completed the market conduct study of Regence, however it is expected in the near future.
August 27, 2013 — Health insurance companies have poured more than $550,000 into state and local elections in Oregon since the start of 2011, with over 40 percent of that money spent by Regence BlueCross BlueShield, which invested $236,000 in its preferred candidates and causes.
June 17, 2013 — A measure that would cramp down on an abusive payment practice to ambulatory surgical centers by Regence BlueCross BlueShield has been resurrected and attached in the House to another bill, Senate Bill 724, which passed the House on Friday.
The state’s largest health insurer is laying off 23 employees in Oregon after signing a contract with Cognizant Technology Solutions while reaction is mixed with people posting on Facebook