Live Insurance News

Oracle sues Oregon over failed health insurance exchange

August 14, 2014August 11, 2014 S.Vagus

Oracle has issues a breach-of-contract lawsuit against the state of Oregon Acclaimed computer technology company Oracle has issued a lawsuit against Oregon. The lawsuit concerns the state’s health insurance exchange and the exchange’s use of the company’s technology. According to Oracle, the state government is using its technology despite standing disputes. These disputes have to do with some $23 million in unpaid bills from Oracle. The breach-of-contract lawsuit is seeking to recover the money that Oracle may be due but has not yet received. Lawsuit aims to recover more than…

Insurance news from Oregon brings 2015 health plan rates

August 6, 2014August 4, 2014 H. Cutner

These new figures show that there will be less of a gap between the most and least expensive policies. Recent insurance news out of Oregon has shown that residents in that state will be seeing a much slimmer range in the prices of health policies that will be sold on the exchange for individuals and small employers in 2015. This health insurance announcement was made by the regulators in the state. In essence, the primary message of this insurance news will be that the plans with the lowest premiums will…

Federal prosecutors descend on Oregon health insurance exchange

May 26, 2014May 24, 2014 S.Vagus

Prosecutors issue subpoena targeting Cover Oregon and Oregon Health Authority U.S. federal prosecutors have issued a subpoena to the state of Oregon, requesting official records concerning Cover Oregon, the state’s problematic insurance exchange. The exchange has been crippled by technical problems that have made it impossible for many people to enroll for the health insurance coverage that they need. Because the exchange has failed to live up to the standards of consumers and the federal government, federal officials are keen to find out where blame can be placed for the…

Oregon health insurance exchange owes agents $900k

May 13, 2014May 13, 2014 G. Turner

Insurance Agent News oregon health insurance

While these professionals enrolled thousands throughout the state, many have not been paid for their services. According to the Oregon health insurance exchange, it owes around $900,000 to the agents who received their training and certification through the program, and who worked to enroll thousands of people throughout the state to make sure that they had the coverage that they needed to comply with the affordable care act, but who haven’t received their own paychecks in six months. Many of these hardworking people haven’t seen a dime of their pay…

Health care reform continues in Oregon as they toss the exchange

April 28, 2014April 26, 2014 G. Turner

The state will now be getting rid of their website, which never stopped being riddled with problems. The board of the Cover Oregon exchange has now voted to make the next health care reform for the state by shutting down its problem filled enrollment website in order to hop aboard the federal government’s site, which has managed to iron out the vast majority of its own bugs and glitches. This state is one of several that attempted to run their own exchange and found it was an overwhelming struggle. While…