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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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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Insurance co-op in Oregon shutting down

Oregon Health Insurance technology

The state is losing a cooperative from its 2016 marketplace, as it has started a “wind down of business”. An Oregon insurance co-op is now stepping out of the state’s health plan market for next year as it has entered into a “wind down of business”, claiming that the recent announcement from the government that it will honor only 12.6 percent of the risk corridor payment of insurers is to blame. This withdrawal of the co-op will mean that there will be 15,000 members in the state without coverage. The…

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Student health plan may launch at the University of Oregon

college student health insurance accident

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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Wildfire insurance could continue in Oregon, but at a cost

California wildfire insurance fire season homeowners

The state will be able to continue to purchase its unique coverage, but with a higher deductible and premium. Lloyd’s of London has now offered Oregon wildfire insurance coverage of up to $25 million for the upcoming season, but it will involve a greater expense than in previous years and the deductible will be notably higher. For instance, the coverage that will be provided will kick in only after the state has paid a $50 million deductible. After that deductible has been paid, the wildfire insurance coverage being provided by…

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Health insurance controversy emerges in Oregon

Oregon Health Insurance technology

Oregon files lawsuit against Oracle concerning health insurance program The State of Oregon has filed a new lawsuit against Oracle concerning the state’s troubled health insurance program. According to the state, Oracle is currently planning to stop hosting Oregon’s Medicaid system, which could cause problems for people trying to enroll in the health insurance program. Oracle has been hosting the state’s Medicaid site, which serves as a way for state residents to sign up for the health insurance coverage that they need. Lawsuit aims to force Oracle to continue hosting…

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Insurance news shows “sharing economy” isn’t adequately covered

insurance news coverage

The typical policy is no longer protecting people in certain behaviors that have become commonplace. The latest insurance news from Oregon now includes a statement released by that state’s commissioner with regards to what he called a “sharing economy” and that the typical type of policy does not provide adequate coverage for using a vehicle as a part of a ride sharing service or for renting out a home. In Oregon, the insurance commissioner has previously remained quiet about coverage in these areas. Services such as Uber and Airbnb are…

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Fire insurance policy used by Oregon to cover wildfires

fire insurance home

The state has already managed to burn its way through the deductible and is being assisted by its coverage. Oregon has now started to reach into its fire insurance coverage in order to help pay for the rising cost of battling wildfires in the state, and this is the second year in a row that it has been required to do so. This year, the number of acres that have been burned down have exceeded the average of the last decade. In fact, the wildfires in Oregon have tripled the…

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Legal battle erupts over broken health insurance exchange

Oregon Health Insurance technology

Oregon has filed a fraud and breach-of-contract lawsuit against Oracle Late last week, Oregon filed a lawsuit against software company Oracle and several of its top executives. The state is accusing the company of fraud and breach-of-contract that may have cost Oregon a veritable fortune while leaving many of the state’s residence without access to a working health insurance exchange. Oracle was contracted by the state to develop the software that would manage the exchange, but internal problems have left the exchange inoperable and it has yet to see an…

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