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Oregon, Washington Health Plans Improve Along with Economy.

Plans Will Invest in Technical and Operational Upgrades, According To according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 New Research from HealthLeaders-InterStudy

NASHVILLE Nashville, city (1990 pop. 487,969), state capital, coextensive with Davidson co., central Tenn., on the Cumberland River, in a fertile farm area; inc. as a city 1806, merged with Davidson co. 1963. , Tenn., July July: see month.  5 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care industry intelligence, finds that health plans in the Pacific Northwest have shown significant financial improvement after struggling in a post 9/11 economy. According to the latest issue of the Oregon Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
 and Washington Health Plan Analysis from HealthLeaders-InterStudy, the top six HMOs in Oregon collectively boosted net income from $40.9 million in 2003 to $189.6 million in 2004, and all of Washington's HMOs were profitable in 2004.

"Oregon and Washington health plans finally have their finances back on track and have been more disciplined about their underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
 methods," said Micaela Brown, HealthLeaders-InterStudy analyst. "In the future, these healthier plans may be looking for acquisitions and investing in consumer- driven health benefits companies. They will also likely be investing in high- tech claims management and disease management programs."
  Other health plan news in Oregon and Washington:
  * It's unlikely that any health plans in Oregon and Washington will bid to
    offer a new regional Medicare PPO, but several plans are offering drug
    plans and extending their service areas for their local Medicare PPOs.
  * Group Health Cooperative rolled out its first PPO product in Spokane,
    Wash, and is contemplating buying a local PPO plan.
  * Regence Blue Shield of Washington introduced new individual PPO plans
    effective June 1 that offer catastrophic coverage with low premiums.
  * Providence Health Plans now offers individual PPOs tied to HSAs in
    Oregon.

  About HealthLeaders-InterStudy



HealthLeaders-InterStudy, a newly formed company of Decision Resources, Inc. (http://www.decisionresources.com/), is the authoritative source for managed care data, analysis, and news. For more information, please visit both Web sites at http://www.healthleaders.com/ and http://www.interstudypublications.com/.

All company, brand, or product names contained in this document may be trademarks or registered trademarks of their respective holders.
  For more information, contact:
   Alex Jablokow
   Decision Resources
   781-296-2562
   ajablokow@dresources.com



CONTACT: Alex Jablokow of Decision Resources, +1-781-296-2562, ajablokow@dresources.com

Web site: http://www.healthleaders.com/ http://www.interstudypublications.com/ http://www.decisionresources.com/
COPYRIGHT 2005 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 5, 2005
Words:351
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