Oregon is preparing for major changes to health insurance that start Jan. 1, 2014.These reforms will change the way some people and small businesses purchase health insurance, what that coverage will look like, and the cost of the coverage.
While many Oregonians get coverage through large employers and public programs or public agencies, about 10 percent of Oregonians buy insurance on their own in the individual market or obtain coverage through small employers.These are the rates that the Oregon Insurance Division oversees. With one of the strongest and most public rate review process in the country, the Oregon Insurance Division will ensure that the premiums for the new plans are justified.
What will change in 2014
All Oregonians can get coverage, regardless of their health. All small employer and individual plans will cover preventive care, doctor visits, hospital stays, maternity care, emergency room care, prescriptions, and dental/vision benefits for children.
Starting in 2014, most people will be required to have insurance and more Oregonians than ever before will qualify for financial help to purchase coverage. Starting Oct. 1, 2013, Oregonians can visit Cover Oregon to easily compare health plans and prices and see if they qualify for financial help with the costs of private insurance.
Links to key information:
Health insurance reforms primarily affect small businesses and individuals who buy insurance on their own.
Financial help tools
Visit Oregon’s new health insurance marketplace to see how federal financial assistance might reduce the costs of private health insurance for your family.
What plans do we regulate? What does rate review have to do with your premiums? Click here to see a guide on rate review.
In 2014, some insurance plans will have the same benefits from one company to the next. This chart summarizes health benefits for standardized bronze, silver and gold plans.