BEND, OR -- The state stepped in last week, in an effort to keep Moda Health from going under. The health insurer is in financial trouble and is not allowed to accept new policies, although current policies will be honored.

Read more about the state's action. 

Jason Epple, with Century Insurance in Bend, has spent a lot of time lately on the phone with worried clients. "The sky is not falling, we don't need to panic. Moda is going to pay their claims, we're all going to have continuous coverage; it'll be ok. Yeah, realistically we're all going to have to move our health plan to somebody else, most likely. That's the way it's looking right now. But, we're going to have time to do that. We're going to have time to sort it all out, we don't need to knee-jerk it."

He tells KBND News, "At some point, the state may determine that the individual market - they may determine that all of the markets go away for Moda - or maybe just the sectors of individual, maybe Medicare, maybe small group. We don't know the answers yet. But, if they do indeed go away, there will be a timeframe."

Epple expects the state will announce its plans for Moda within the next week.