Story perspectives

PacificSource Cuts 325 Jobs Amid Rising Healthcare Costs

10/29/2025

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Summary

Story summary

PacificSource, an Oregon-based nonprofit health insurer, will cut 325 jobs across Oregon, Washington, Montana, and Idaho to reduce costs amid rising healthcare expenses.
Affected workers will receive severance and career-transition support.
CareOregon reported a $230 million operating loss last year as the Oregon Health Authority planned a 10.2% Medicaid payment increase in 2026.
PacificSource will not renew its Lane County coordinated-care organization contract after losing $6.6 million through mid-2025.

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Story summary

PacificSource, an Oregon-based nonprofit health insurer, will cut 325 jobs across Oregon, Washington, Montana, and Idaho to reduce costs amid rising healthcare expenses.
Affected workers will receive severance and career-transition support.
CareOregon reported a $230 million operating loss last year as the Oregon Health Authority planned a 10.2% Medicaid payment increase in 2026.
PacificSource will not renew its Lane County coordinated-care organization contract after losing $6.6 million through mid-2025.