Some decent news for health insurance consumers today. The Oregon Department of Consumer and Business Services (DCBS) issued their much-awaited decision on Regence BlueCross BlueShield's proposal to raise rates over 22% on nearly 60,000 Oregonians.
Regence BlueCross BlueShield of Oregon is proposing to raise rates an average of 22% on 60,000 Oregonians. This is the fifth straight year of double-digit rate hikes. But this year, something interesting is happening.
If you haven't seen the Oregonian's editorial on the Senate's health insurance exchange bill, it's worth a read. Unfortunately, the Oregon Senate decided to prohibit the exchange from negotiating with insurance companies to get consumers a better deal (which I'm sure insurers are happy about.)
From the Frontier Group blog: "I hate to call attention to George Will’s latest column – a psycho-political portrait that seeks to explain why liberals supposedly adore high-speed rail. It’s an asinine column, for sure. But it is asinine in a particularly instructive way. For while Will seeks to shine a light on the workings of the progressive mind, he winds up shining a light into his own – and into the minds of the current crop of rail haters."
Another insightful blog post by US DOT Secretary Ray LaHood, this time following a visit to Indiana, where rail equipment manufacturing is on the upswing, along with an increase in good-paying American jobs.