State health insurers plan to hike rates
Individual plans could see rates increase up to 32% for 2017.
- Published in News
Individual plans could see rates increase up to 32% for 2017.
ASSOCIATED PRESS: Insurers are expected to raise premiums to deflect financial drains resulting from the health law.
Springfield medical center makes top 10 most-profitable U.S. hospitals list; CareOregon gets a $730,000 grant for long-term care.
The insurance carrier announced the sale of two dental entities and the Moda Plaza in Milwaukie, along with the securitization of risk corridor expenses to an outside firm.
The insurance company said it would leave the market at the end of this year.
Oregon Health & Science University said it would fund the project with $15 million; Sky Lakes Medical Center will contribute $15 million.
Both companies will leave the suburbs and move their headquarters to Pearl West in Portland. Zoom+ is currently based in Hillsboro; Wacom is based in Vancouver.
The state insurer filed a class action lawsuit to reclaim Obamacare funds.