MEDFORD, Ore.- The Oregon Division of Financial Regulation, or DFR, issues a preliminary decision to lower health insurance rates.
Every year, the DFR conducts a transparent health insurance rate review process for health plans that comply with the Affordable Care Act.
Six health insurance companies submitted health insurance rates with a weighted average increase of over 9%.
The DFR aims to lower those rates to an average of just over 8%.
The DFR will hold a virtual hearing August 6th before making final decisions later next month.
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