Regence BlueCross BlueShield Proposing Rate Hike

, Posted: Mon, July 30 2012 at 8:06 AM, Updated: Mon, July 30 2012 at 10:08 AM

An Oregon Health insurance company is asking for a rate increase Monday, that could affect over 50,000 members.
The Regence BlueCross BlueShield of Oregon is seeking a 9.6 percent average rate increase, that would reach around 52,000 members.

This change would be for individual non-Grandfathered health plans, or health care plans that were in place before the Affordable Care Act was enacted.    

The Oregon Insurance Division is holding a public hearing on the rate increase Monday in Salem.

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