Four health insurance companies violated mental health coverage law

mental health insurance companies

The state of Oregon has accused four insurers in failing to cover certain treatments including one for autism. The state of Oregon is currently calculating potential fines for four health insurance companies that failed to comply with the law for covering certain mental health treatments, including one for autism. State law requires insurance companies to provide mental and physical coverage in a similar way. The regulation in Oregon states that health insurance companies “cannot categorically deny coverage,” for mental health care and therapies, such as for Applied Behavior Analysis (ABA),…

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Second Oregon health insurance co-op facing liquidation

Oregon Health Insurance technology

The market in the State is continuing to experience a shakeup as a nonprofit insurer must liquidate assets. For the second time, an Oregon health insurance co-op has received a receivership order. This started last week and will now be sending Health Co-op assets into liquidation after facing notable financial struggles. The insurance company was a nonprofit and was consumer-operated, created under the ACA. The Oregon health insurance company’s board of directors voted on Friday. Their decision was to consent to the receivership order from state regulators. This takes the…

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Health insurance company put under state supervision in Alaska

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Alaskan regulators place Moda Health Plan under supervision due to financial concerns The Alaska Division of Insurance has announced that Moda Health Plan, a health insurance company based in Oregon, will no longer be offering policies in the state. Regulators cite concerns regarding the insurer’s financial situation. Moda will not be accepting new customers or renewals for the time being and regulators will continue to evaluate the issue. In its home state of Oregon, Moda was placed under supervision by the state due to financial issues, which influenced the decision…

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Open enrollment for health insurance exchanges is coming to an end

Oregon Health Insurance exchange

Deadline for consumers to purchase coverage is rapidly approaching For those without health insurance coverage, time is running out to acquire coverage in the United States. The open enrollment period for insurance exchanges will come to an end on January 31 this year. After the enrollment period is over, consumers will no longer be able to use exchanges to purchase health insurance coverage, except in some special cases. Currently, those without coverage can find policies through HealthCare.gov, the exchange system established by the federal government. Uninsured consumers will face a…

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Health insurance premiums to spike in Oregon

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Oregon Insurance Division reveals final decision on rate proposals for 2016 The Oregon Insurance Division has revealed its final decision concerning rate proposals coming from the state’s health insurance companies. Many of the state’s insurance providers have sought to raise premiums on the coverage that they provide. State regulators have been investigating these proposals to determine whether or not they are necessary. The Insurance Division has announced that, in most cases, insurance rates will go up on individual policies in 2016. Regulators approve the majority of rate increase proposals While…

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University of Oregon looks to launch its own health insurance plan

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University could provide a health care plan for its students The University of Oregon may be looking to build its own health insurance plan for its students. Oregon does have a health insurance exchange in place, where individuals and groups can find coverage at reasonable rates, but the university believes that it can better serve its students by providing them with their own plan. Some students may be able to enjoy the insurance coverage of their families, but others go without coverage because of its cost and the cost of…

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Student health plan may launch at the University of Oregon

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The college is considering the creation of its own self-insured coverage that it would call UOCare. The University of Oregon has now decided to consider the creation of its own student health plan in order to provide insurance to those who are enrolled at the college, in order to help to make certain that those who are enrolled are also covered. Should the university self-insure, it will affect both new and returning students for the term starting in the fall. The student health plan would include the on-campus healthcare plus…

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