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Media Hit | Health Care

Regence BlueCross BlueShield defends proposed rate hike at Salem hearing

Escalating medical and prescription drug costs have given Regence BlueCross BlueShield executives little choice but to raise rates an average 9.6 percent for people who buy their own insurance, an executive told Oregon insurance regulators Monday.

Jesse Ellis O'Brien of the OSPIRG Foundation said Oregonians will face less choice and more costs as a result of the proposal.

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Media Hit | Health Care

Regence Reduces Payments to Healthcare Professionals

July 26, 2012 -- Physicians and other healthcare professionals are being hit with a rate reduction from Regence BlueCross BlueShield on October 1, while the insurer is asking the Insurance Division to approve a 9.6 percent increase for roughly 53,000 people who buy their own coverage. A public hearing on that rate request will be held next Monday at 3 p.m. in Salem.

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News Release | OSPIRG Foundation | Health Care

Providence Customers May See Rates Rise As Much As 18.6%

 

More than 12,000 Oregonians with individual health insurance plans will see rate hikes of 15.7% on average, and as high as 18.6%, if the premium rate hike posted today by Providence Health Plans goes forward. Many customers will also see increased out-of-pocket costs.

 

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News Release | OSPIRG Foundation | Health Care

Regence Rate Hike To Reach 16.4% for Some Customers

More than 52,000 Oregonians with individual health insurance plans will see rate hikes of 9.6% on average, and as high as 16.4%, if the premium rate hike posted today by Regence BlueCross BlueShield goes forward. At the same time, customers in lower-deductible plans will face out-of-pocket costs starting at $2,500 before coverage kicks in, and consumers in the Portland metro area may need to change providers.

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Media Hit | Health Care

Portland-area Regence BlueCross BlueShield individual members could see rate hikes as high as 15.3 percent

Individual members of Regence BlueCross BlueShield could see an average 9.6-percent rate increase statewide, requested by the insurer months after announcing network changes to cut costs.

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Media Hit | Budget, Tax

Shine Light on Tax Breaks

Oregon spends about $350 million per biennium on programs designed to promote economic development, mostly by providing tax breaks to companies that create new jobs.

 

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Media Hit | Budget, Tax

Energy Tax Credits Return, But With New Restrictions

Energy businesses looking for tax credits from the state can start applying Monday. But because of questionable practices in the past, the legislature has placed a $300 million cap on the program.

 

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Media Hit | Budget, Tax

Editorial: Let incentives be easy to see

Oregon has a dozen programs of giving tax breaks or subsidies to companies that pledge to create jobs. Are these programs working as intended? Are they worth whatever they cost?

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Media Hit | Health Care

Oregon pushes back on insurance rate increases

Oregonians with spendy individual and small-business health insurance plans are again facing double-digit increases.

It could be worse.

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