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Interesting reports
Posted on Friday, February 4, 2011 by Insurance Quotes Health
No, really.
Oregon has put out its annual "Health Insurance in Oregon" report. Among the findings:
-About 17 percent of Oregonians had no health insurance in 2009.
-Enrollment in commercial health policies through Oregon's 7 largest insurers fell 15 percent from 2007 to 2009.
-Reforms under federal health care reform "have typically accounted for no more than 4 percentage points of the rate increases submitted to the division" recently.
-And Oregon regulators in some cases approved lower rate hikes than an insurer requested, due to the size of insurer's surpluses.
-Oregon, under a federal grant, is studying how to use its rate review authority to help lower medical costs.
And in much sunnier Tampa, the Insurance Information Institute's Robert Hartwig yesterday released a new report looking at long-term trends -- 80 years of them -- in the property/casualty insurance market. Claims paid since 1931, he said, total $12.5 trillion, after adjusting for inflation.
Among Hartwig's points: that "claim payouts in recent years are volatile but have reached a jagged plateau."
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