Regence BlueCross BlueShield asks for a rate increase

Regence BlueCross BlueShield asks for a rate increase
Photo courtesy Wiki Commons.

PORTLAND, Ore. - Health insurance rates may go up for more than 52,000 people in Oregon.

Regence BlueCross BlueShield has asked for a rate increase and some other changes. For example, folks with lower deductible plans could face out of pocket costs starting at $2,500 before their coverage kicks in. And some Portlanders may have to change providers.

The plan isn't a done deal yet - the company has to get approval from the Oregon Insurance Division.