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Insurers submit 2019 individual plan requests to Ore. regulator

Insurers have submitted 2019 proposed rates for individual health plans to the Oregon Division of Financial Regulation, with Kaiser Foundation Health Plan of the Northwest seeking a rate increase of 14.3% and PacificSource Health Plans asking for a decrease of 9.58%.

Apart from Kaiser Foundation, two other insurers sought double-digit increases. Health Net Health Plan of Oregon Inc. and Providence Health Plan asked for rate hikes of 16.3% and 13.6%, respectively.

BridgeSpan Health Co. and Moda Health Plan Inc. requested high single-digit rate increases of 9.4% and 9.2%, respectively, while Regence BlueCross BlueShield of Oregon sought a rate hike of 5%.