Regence BCBS to exit individual insurance market in 15 counties
Citing market uncertainty, Regence BlueCross BlueShield and its affiliate Bridgespan Health Co. sent letters this week to inform customers they will be pulling out of the individual health care market in 15 counties in 2018, and they'll have to find another option.
Discontinuation letters went out to some 18,450 customers, about two-thirds of the individual customers insured by both carriers in Oregon. Nearly 6,000 of them live in the Portland area, but Regence said Friday that it is working with Oregon Health & Science University, Adventist Health and Tuality Healthcare to develop new individual offerings for customers in Washington, Multnomah and Clackamas counties.
The remaining 12,500 customers reside in Benton, Clatsop, Columbia, Coos, Curry, Deschutes, Douglas, Jackson, Josephine, Klamath, Lake Lane, Lincoln, Linn, Marion, Polk, Tillamook or Yamhill County.
"We understand the disruption this change may cause; we did not take this decision lightly," the Regence letter said. "The individual market continues to be unsettled nationwide, and Oregon is no exception. We are taking this action now, and we will continue to advocate for stability in the markets in hopes of better serving Oregon long-term."
Read more: http://www.oregonlive.com/business/index.ssf/2017/06/regence_tells_customers_in_15.html#incart_river_home
= new reply since forum marked as read
