In the wake of massive layoffs and a pullout from overseeing care for 92,000 low-income people in Lane County, PacificSource CEO John Espinola says the Springfield-based health insurer is “right sizing” to reconcile escalating costs with rates paid by the state.
But while the physician-turned-executive is optimistic about the nonprofit’s ability to stay in business, he’s concerned about the direction of the Oregon Health Plan, the Medicaid-funded program that provides free care to 1.4 million Oregonians with lower incomes — who constitute a third of the state’s population.
PacificSource provides care for low-income people in Central Oregon, the Columbia Gorge and Marion, Polk and Klamath counties, while its work for the program in Lane County will wrap up early next year…