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Oregon health insurers seek rate hikes for '17 ACA individual, small group plans

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Oregon health insurers seek rate hikes for '17 ACA individual, small group plans

Most health insurers in Oregon have filed for average rate increasesto the state's Department of Consumer and Business Services, Division of FinancialRegulation for small group and individual plans that comply with the AffordableCare Act.

For the individual market, nine of the 10 companies that submittedrate requests asked for increases, with ModaHealth Plan Inc. and Oregon'sHealth CO-OP proposing the highest rate hikes at 32.3% and 32.0%, respectively.

Other rate hikes filed were from Providence Health Plan, 29.6%; ZOOM+ Performance Health Insurance,22.6%; BridgeSpan Health Co.,18.9%; Regence BlueCross BlueShieldof Oregon, 17.9%; PacificSourceHealth Plans, 15.2%; ATRIOHealth Plans Inc., 15.0%; and KaiserFoundation Health Plan of the Northwest, 14.5%. Centene Corp.'s HealthNet Health Plan of Oregon Inc. did not file for any increase.

For the small group market, six of the 12 companies that filedrate requests also asked for increases. The raise in rates were submitted by Oregon'sHealth CO-OP, 17.0%; Moda Health Plan, 12.4%; Health Net Health Plan of Oregon,10.2%; Samaritan Health Plans Inc.,9.4%; Providence Health Plan, 7.9%; and ATRIO Health Plans, 4.3%.

While PacificSource Health Plans did not propose any increase,five insurers filed for rate decreases: Kaiser Foundation Health Plan of the Northwest,5.0%; UnitedHealthcare Insurance Co.,3.9%; ZOOM+ Performance Health Insurance, 3.7%; Regence BlueCross BlueShield ofOregon, 2.9%; and UnitedHealthcareof Oregon Inc., 2.7%.

The public comment period on the rate filings is open from May6 to June 24. Preliminary decisions will be announced June 16, and final decisionswill be released July 1, according to a May 3 news release.

Regence BlueCross BlueShield of Oregon and BridgeSpan Healthare part of Cambia Health SolutionsInc. UnitedHealthcare of Oregon and UnitedHealthcare Insurance are unitsof UnitedHealth Group Inc.