The Oregon Division of Financial Regulation has revised its preliminary health insurance rate hike for 2025, lowering the average increase from 9.3% to 8.1% for individual market plans. The decision follows public hearings and an actuarial review. In the small group market, average rate increases were adjusted from 12.3% to 12.2%. The Oregon Reinsurance Program continues to help stabilize the market, saving consumers 8.4% this year. Final decisions will be made in August after a virtual public hearing on August 6.