Oregonians who buy their own insurance have the first clear indication of what 2014 premiums will look like after state regulators Tuesday slashed carriers’ rate requests by as much as 35 percent.
The state’s rate decisions show that monthly premiums for a single, 40-year-old Portland-area male nonsmoker — the example provided by the state — start at $166 a month and go as high as $274 for basic plans.
No rate shock in Oregon. The article seems to believe this single example indicates there won’t be rate shock in other states. Keep in mind that Oregon already had high insurance premiums compared to many other states.