Oregon insurers haven’t made a strong enough case for rate hikes, with several appearing to overstate how much medical costs are going up, while attempting to increase profits, says a new analysis from the consumer nonprofit OSPIRG Foundation.
The proposed hikes for next year range from zero, for Health Net of Oregon, to 32.3 percent for Moda Health Plan.
“We’re definitely urging the state to scrutinize the basis for the rate increases closely and for state leaders to hold the whole industry…
Oregon insurers haven’t made a strong enough case for rate hikes, with several appearing to overstate how much medical costs are going up, while attempting to increase profits, says a new analysis from the consumer nonprofit OSPIRG Foundation.
The proposed hikes for next year range from zero, for Health Net of Oregon, to 32.3 percent for Moda Health Plan.
“We’re definitely urging the state to scrutinize the basis for the rate increases closely and for state leaders to hold the whole industry…