Live Insurance News

Oregon is looking into a universal health care plan

February 24, 2023February 22, 2023 Julie Campbell

Universal health care - Welcome to Oregon Sign

The state is considering the creation of a nine-member board that would be responsible for its development. In Oregon, a panel of lawmakers recently received two days of public testimony at its Capitol in Salem regarding a proposed nine-member governance board that would be responsible for developing a universal health care plan to provide coverage for everyone in the state. The governance board under Senate Bill 704 would develop a single-payer system for the coverage. Under Senate Bill 704, the nine-member board would be responsible for the creation of a…

Oregon regulators say new wildfire risk map won’t raise insurance rates

August 17, 2022August 16, 2022 G. Turner

State officials said that they don’t intend to use the new map for purposes that include determining coverage. According to regulators in Oregon, the new wildfire risk map created for the state will not lead to increased insurance rates as has been the worry among many home and business owners. Financial regulators released a statement saying that the speculations of this nature are unfounded. The story was covered by Live Insurance News earlier this month, as predictions of increased insurance rates abounded. That said, according to regulators, insurers in the…

How to Prevent Accidents When Driving Through Oregon’s Varying Weather Conditions

February 25, 2021February 25, 2021 Guest Author

GEICO Insurance - Driving on winter roads

As a competent driver with plenty of experience, you likely know what a challenge it can be to drive in inclement conditions. Heavy rainfall and fog can reduce your vision on the road to just a few yards, drastically decreasing the time you have to react to hazards. In addition, you have to be extra careful with your wheels moving on the slick surface of a road in the rain. And the streets only get more slippery during winter when covered in ice. Oregon drivers will recognize all of these…

Health insurance company put under state supervision in Alaska

February 4, 2016February 3, 2016 Nordstrom

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…

Open enrollment for health insurance exchanges is coming to an end

January 15, 2016January 13, 2016 Marc

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…

Health insurance premiums to spike in Oregon

July 3, 2015July 2, 2015 Marc

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…

University of Oregon looks to launch its own health insurance plan

May 29, 2015May 27, 2015 S.Vagus

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…