OR | Each year, the Oregon Division of Financial Regulation (DFR) conducts a transparent health insurance rate review process for health plans that comply with the Affordable Care Act for small businesses and people who buy their own coverage rather than getting it through an employer.
Conducting a yearly rate review ensures that premium rates charged to Oregonians adequately cover health care costs without being too high or too low. This transparent process includes public hearings and a public comment period. Once a year, insurance companies submit to the division their rate change requests for the next year. These requests are rigorously reviewed by division actuaries during a monthslong public review process.