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Regional News

Regence BlueCross-BlueShield Doesn't Get Big Rate Hike


The State of Oregon is lowering the rate increase by Regence BlueCross BlueShield from 22% to nearly 13%.  Cheryl Martinis with Oregon Consumer and Business Services says no other insurance companies were asking for that much of an increase. Regence disagrees with the decision. The company says limiting rates to below anticipated medical spending isn't sustainable. They say the State's projection overlooks future costs and is overly optimistic.

 

 

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