Regence Blue Cross Blue Shield looks to raise rates in Oregon

Health Insurance rate increases

Insurer’s rate proposal may be unjustifiable, according to the OSPIRG Foundation Recently, Oregon’s Regence Blue Cross Blue Shield sought to increase rates for individual health insurance plans. According to the rate increase proposal, some consumers may see their premiums rise by as much as 16% if the proposal is accepted by state regulators. A new analysis released by the OSPIRG Foundation, a consumer advocacy group, suggests that the health insurance company is not able to justify its need for rate increases. The rate proposal from Regence Blue Cross Blue Shield…

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