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Medical insurance rates to skyrocket in the individual markets – State mandated greater reserves

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Nearly every Oregon health insurance company is proposing double-digit rate hikes for the individual market next year. Two of the biggest insurers, Moda Health Plans and Providence Health Plans, are expected to raise rates over thirty percent starting in 2017.

This woeful story for already cash strapped families continues America’s never ending saga of an unwillingness or inability to provide affordable health care.

Here’s the story in The Oregonian. Click here.

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