Alaska, Oregon suspend activity by Moda

JUNEAU, Alaska (AP) — Alaska insurance regulators have suspended Moda Health Plan from accepting new or renewal policies in the state, citing concerns with the Oregon-based company’s financial situation.

Moda is one of two companies offering individual insurance policies for Alaskans on the federally facilitated health insurance marketplace. The other is Premera Blue Cross Blue Shield.

The Alaska Division of Insurance acted Thursday after officials in Oregon placed the company under supervision due to its financial condition.

The supervision order issued by Oregon’s Department of Consumer and Business Services calls for the company to submit a business plan that it deems acceptable by Friday. The department says Moda cannot issue new policies or renew current policies in the individual market or add new groups.

A message was left for a Moda spokesman.

More in News

(Juneau Empire file photo)
Aurora forecast through the week of Feb. 1

These forecasts are courtesy of the University of Alaska Fairbanks’ Geophysical Institute… Continue reading

(Michael Penn / Juneau Empire file photo)
Police calls for Wednesday, Feb. 5, 2025

This report contains public information from law enforcement and public safety agencies.

(Michael Penn / Juneau Empire file photo)
Police calls for Tuesday, Feb. 4, 2025

This report contains public information from law enforcement and public safety agencies.

(Michael Penn / Juneau Empire file photo)
Police calls for Monday, Feb. 3, 2025

This report contains public information from law enforcement and public safety agencies.

A sexual assault kit. (Photo from Alaska Department of Public Safety)
Gov. Dunleavy proposes bill to streamline Alaska sexual assault kit tracking system

Gov. Mike Dunleavy has introduced legislation to set a statewide tracking system… Continue reading

An aerial view of Nome on March 16, 2022. (Ash Adams/The New York Times)
Small plane with 10 on board missing between Unalakleet and Nome

A plane carrying 10 people went missing in a remote region along… Continue reading

Republican U.S. House candidate Nick Begich and his supporters wave campaign signs at the corner of the Seward Highway and Northern Lights Boulevard on Nov. 4, 2024, the day before Election Day. (Yereth Rosen/Alaska Beacon)
U.S. House passes two bills from Alaska Rep. Nick Begich

One month into his term, Alaska’s lone representative says he’s generally satisfied with how things have gone so far.

A free children’s dance concert produced by Sybil Davis featured story dances, rock n’ roll and jazz. This photo was published in the Juneau Empire on March 6, 1981. (Mark Kelley / Juneau Empire file photo)
Glide into 50 years with Juneau Dance Theatre at a celebratory gala

“We’re big enough now where we can offer something for everyone.”

Most Read