Live Insurance News

Oregon health insurance exchange may be seized by the federal government

April 28, 2014April 26, 2014 S.Vagus

Federal government may take control of Cover Oregon in order to fix it The federal government is preparing to take over the health insurance exchange of Oregon. Cover Oregon is one of the few state-operated exchanges currently in existence in the U.S., as most states have opted to allow the federal government to manage their exchanges. Federal exchanges have experienced major technical problems that have made it difficult for people throughout the country to sign up for insurance coverage, but some state-run exchanges have managed to avoid these problems. This…

Insurance technology dispute creates turbulence between Oregon and Oracle

March 6, 2014March 4, 2014 Marc

Dispute between Oregon and Oracle threatens the capabilities of Cover Oregon Acclaimed technology firm Oracle has been at odds with the State of Oregon regarding its health insurance exchange. The exchange makes use of technology that has been developed by Oracle and this technology allows the exchange to operate as it is meant to. The problem, however, is that Cover Oregon is not yet fully developed and state officials have called into question the viability of Oracle’s insurance technology. The tension between the state and the technology firm had reached…

Oregon health insurance exchange sees delay in launching official website

August 14, 2013August 12, 2013 S.Vagus

Website of state health insurance exchange delayed Oregon’s health insurance exchange, like others throughout the U.S., is scheduled to begin open enrollment on October 1 of this year. There is a problem with the exchange, however, according to state officials. The exchange, which is officially called Cover Oregon, is meant to serve as a digital marketplace through which consumers can find affordable health insurance coverage suitable to their needs. The problem is, however, that this exchange will not be able to be accessed online. Delay meant to resolve issues of…

Cover Oregon becoming an example for health insurance cost reduction in the US

May 23, 2013May 25, 2013 Logan B.

Oregon health insurance exchange becoming a favorite for the federal government Oregon may be home to one of the country’s most favorable health insurance exchanges, from a federal perspective. The state is one among several others that has chosen to build and operate its own health insurance exchange system, called Cover Oregon. Initially, this exchange received conditional approval from the Department of Health and Human Services, which oversees the enactment of the Affordable Care Act. Cover Oregon has since become one of the most favored health insurance exchange systems of…