Insurance NW

IMPORTANT HEALTH INSURANCE UPDATE
Providence & PacificSource EXITING OREGON!
This is no joke or fake news....NEITHER company will offer health insurance for most current members after December 31, 2026.
Contact me for FREE assistance finding a new plan.

Medicare Advantage members may retain coverage through a new agreement with a national carrier, while Medicaid and Medicare supplemental plans are being evaluated for transfer to other organizations

Reason for Exit
Providence cited rising healthcare costs, tougher state and federal regulations, and competition from larger national insurers as key factors making it difficult for a regional nonprofit plan to operate sustainably .

Affected Members
Oregon: Approximately 421,000 members
Other states: About 19,000 members in Washington, California, and Montana

Medicaid: Roughly 58,000 low-income Oregonians will be transitioned to other organizations

Transition Guidance
Providence will honor all existing contracts with employers and members through 2026 and provide resources to help members find new coverage for 2027

Continued Access to Care
Providence hospitals and clinics will remain open and accessible through other insurance networks, ensuring patients can continue seeing their doctors even after the insurance plans end

Key Takeaway
Providence Health Plan’s exit marks a significant change in Oregon’s insurance landscape, requiring members to plan ahead for 2027 coverage.

I will be closely following doctor, facility & network changes for the smoothest possible transitions for my clients when Open Enrollment begins November 1st.
Feel free to contact me with questions.
[email protected]
(503) 524-2424

Call now to connect with business.

Miss the Dec.15th deadline for health insurance? IT'S NOT TOO LATE, CONTACT ME NOW!

Call now to connect with business.

Educational post of the week.

Understanding Your Health Insurance Options | InsuranceNW Health insurance is a critical to helping you control your health care costs. You pay health care companies a premium – a set amount of money each month - and you get benefits to pay for your eligible health care expenses. This can include regular doctor checkups or injuries to treatment for long-...

Need help finding ways to reduce your monthly health insurance bill? Now through Dec.15th is the only time to do it all year!
Contact me now: [email protected] or (503) 524-2424

Feel free to contact me or use my new Self-Enrollment link to choose your best health insurance options for 2026.

HealthSherpa | Fast, Easy ACA Enrollment Start enrolling faster with HealthSherpa, the largest ACA quoting and enrollment platform for agents and agencies.

NOW IN LAKE OSWEGO
Contact me for FREE ADVICE about your health or Medicare insurance coverage.

What is a Medicare Supplement and why would I want it?
https://www.insurancenw.com/medicare-coverage/what-is-medicare-supplement-medigap-insurance