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Moda Health files for health insurance rate hike

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Moda Health, which grabbed the lion's share of the individual health insurance market in Oregon with its low rates this year, wants to hike premiums for individuals next year. Moda is requesting a 12.1 percent average rate hike.The actual increases will vary between 10.6 percent and 13.7 percent, depending on the plan, said spokesman Jonathan Nicholas. Will the request make Moda less attractive to consumers during the next open enrollment in November? Moda doesn't think so. "We were not surprised… Reported by bizjournals 4 hours ago.

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