Salem Health played hardball, and severed its contract with a long-standing insurer, United Healthcare, according to a memorandum sent by hospital officials that was obtained by The Lund Report.
Jim Walton is returning to Regence BlueCross BlueShield in early June, after leaving the health plan to become the chief operating officer and vice president at KPD Insurance, a brokerage firm in Eugene, a position he held since January.
The news that ZoomCare has captured New Seasons Market came as no surprise to onlookers because the same equity firm that filtered millions of dollars into ZoomCare’s pockets has also heavily invested in New Seasons – Endeavor Capital.
The Oregon Medical Insurance Pool has agreed to pay $2.1 million to Regence BlueCross BlueShield to resolve outstanding claims the insurance company says it’s owed for administering the Federal Medical Insurance Pool.
The Oregon Medical Insurance Program board voted unanimously Monday to set the assessment on health insurance plans to fund its reinsurance program at $3.859 per person per month, which will bring in just under $72 million for 2014.
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Moda Health has more than doubled in size since Jan. 1, when federal rules surrounding health coverage went into effect. Over the same period, Oregon’s largest insurers have shed tens of thousands of members, according to third-quarter statements filed with regulators.
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Physical therapists are waiting to see if changes last week in the tier program by Regence BlueCross BlueShield, the state's largest health insurer, will relieve what they describe as an onerous administrative burden and ultimately improve the way their services are valued.
The Oregon Medical Insurance Pool may have to pay Regence BlueCross BlueShield $10 million more than it expected after the insurer informed the OMIP board late last month about a number of previously unseen accounting di
Multnomah County Circuit Court Judge Stephen Bushong on Tuesday dismissed a class-action lawsuit against Regence BlueCross BlueShield of Oregon.
As predicted, Regence BlueCross BlueShield is seeking to dismiss the class action lawsuit that contends the insurance giant has spent millions of dollars paying high ranking executives rather than spending $150 million in excess profits on policyholders.
