Beginning of the End for Major Health Insurers

[DeschutesRiver]

34. Our customer service rep at regence blue cross said that none of them would be without a job because

they will now be doing their same jobs under the name Bridgespan, which is regence's name under our Cover Oregon plan. So some major insurers are migrating more than going out of business at least here.

Regence just sent a letter which raised our rates through the roof, while decreasing benefits starting Jan. 1st. And though older, we rarely go to doc, have no serious conditions, and have only made a couple of claims over the last 30 years. We were told that this was happening to most people who have a regence policy in order to encourage us to move to a less expensive cover oregon plan, which we are eager to do once the CO website is fixed, but I am wondering what is in it for Regence? They have over a half million customers here, just having passed Kaiser as the biggest insurer here. The policies I see from them and others on CO are out of this world less expensive than what I have now and what I am being threatened with starting Jan. 1.

They act like they are about to make more money under the ACA, not less.