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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 Insurance Division urges consumers to be cautious during the winter

February 14, 2014February 12, 2014 S.Vagus

homeowners insurance information institute winter snow ice

Winter storms take their toll on Oregon Winter storms have been causing problems for homeowners and drivers recently. The U.S. has fallen victim to what is being called a “polar vortex.” This natural phenomenon has lead to freezing temperatures throughout the U.S. and significant snowfall in many parts of the country. States that do not typically see heavy snowfall, such as Georgia, have suffered from the impact of the polar vortex has snowfall causes damage to properties and creates dangerous driving conditions. In Oregon, state officials are issuing warnings when…

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…

The Most Expensive States for Car Insurance

June 29, 2013April 21, 2014 Guest Author

The United States is known the world over for being full of motoring fanatics with people loving the old and new models, taking them apart and putting in modern add-ons to improve performance, washing them to keep them clean on an almost daily basis and loving their motorsport. With all of this in mind, you would almost expect the US to be relatively cheap in terms of car insurance. You would also expect that annual insurance prices would be relatively similar across the country. However, there are some significant variations…

Health insurance rate increase in California lower than anticipated

May 28, 2013May 27, 2013 Logan B.

Health insurance rates expected to spike throughout the US For the past year, insurers throughout the U.S. have been warning that health insurance rates would grow at an alarming rate due to the Affordable Care Act. These warnings have come from some of the country’s largest insurers, many of whom had suggested that consumers would be unprepared for higher rates in the future, leading to a phenomenon known as rate shock. In California, however, health insurance rates have yet to show signs that support the warnings coming from insurance companies.…

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…

Health insurance rate shock may be coming to the US

February 28, 2013February 27, 2013 Logan B.

Health insurance costs spark worry among states Rate shock is becoming a common term in the U.S., especially in the world of insurance news. The term refers to a steep increase in insurance premiums, an increase that policyholders are both unprepared for and unable to accommodate. Rate shock is most often related to the issue of health insurance and the Affordable Care Act. The controversial federal law will take full effect in 2014, and U.S. insurers have been warning that rate shock may be one of the unintended consequences of…