FanShot

State Regulators Taking Partial Control of Moda Health

21

Moda Health's finances are so shaky that Oregon regulators have decided to step in and oversee the insurance company's business decisions. Moda is not allowed to issue new policies or renew current policies for individuals, and the state is encouraging people to choose another insurer during the open enrollment period. There's no information on how this may affect the naming rights deal with the Trail Blazers.