PORTLAND, Ore. (KATU) — Providence Health Plan will stop offering most of its health insurance plans beginning in 2027.
The health system announced that current members, employers, providers and brokers will see no immediate changes. Coverage, provider networks and customer service will continue without interruption through the end of 2026, and Providence said it will honor all contractual, regulatory and legal obligations during the transition.
Officials said it is ending its Individual and Family and Employer Group/Commercial lines of business while working to transition Medicare Advantage and Medicaid members to new coverage options.
Providence said it began notifying members in July about their coverage options for 2027.
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For Medicare Advantage members, Providence said it is negotiating a potential agreement with another national health insurance carrier that would allow members to keep their coverage in 2027. The company said additional details will be released if an agreement is finalized.
Providence said it is also evaluating options for its Medicaid program with Health Share of Oregon for 2027. Medicaid members will continue receiving coverage through Health Share of Oregon’s coordinated care organization, according to the announcement.
“Our Promise to know, care for and ease the way of those we serve has guided Providence Health Plan’s work for more than 40 years,” the company said. “That commitment does not change. Our focus throughout this transition will be on continuing to serve members and partners with the same care and dedication they have always known from us.”
Providence said members can continue seeing their doctors, filling prescriptions and accessing health care as they normally would throughout 2026.
Employers will provide additional information to employees about their 2027 coverage options, according to the company.
The announcement also does not affect providers’ contracts or network relationships during 2026. Providence said claims processing, billing and prior authorizations will continue as usual, and it will maintain operations beyond 2026 to ensure claims are paid and contractual obligations are fulfilled.
Broker and agent contracts also will remain in effect under their existing terms, with Providence promising to provide updates and resources as plans for 2027 are finalized.