FOR IMMEDIATE RELEASE
Monday, January 19, 2009

Contact:

Colleen Thompson, Marketing Manager
(541) 684-5453, colleen.thompson@pacificsource.com  

PacificSource Health Plans Receives Washington Licensure

Eugene, Ore. – PacificSource Health Plans announced today that it has been granted a Certificate of Authority by the Washington Department of Insurance, enabling the Oregon-based health plan to conduct business in Washington.

“Achieving licensure in Washington is a key step in our growth strategy and our evolution into a major health plan throughout the Northwest,” said Ken Provencher, president and CEO of PacificSource Health Plans. “Licensure is the first step in our expansion into Washington, and we will now focus on expanding our provider network and designing group health insurance products that will meet the needs of Washington employers.”

In anticipation of Washington licensure, PacificSource began establishing direct contracts with Washington healthcare providers with particular emphasis on the Clark County area. The PacificSource network now includes approximately 1,970 physicians and other practitioners and four hospitals and facilities in Washington, mainly in Clark and Cowlitz Counties and the tri-cities area. The company has not yet announced a timeline for marketing its plans in Washington.

PacificSource was granted licensure and began marketing group health insurance products in Idaho in 2007. It has maintained licensure in Oregon since its inception in 1933.

About PacificSource Health Plans

Founded in 1933, PacificSource is based in Eugene, Oregon, with local offices in Portland, Bend, Medford, and Boise, Idaho. The independent, not-for-profit company provides medical and dental benefits to more than 4,000 employers and covers more than 137,000 people with its group and individual health insurance plans. It also provides self-funded employee benefit plans, flexible spending accounts, HRAs, and COBRA administration services through its subsidiaries, Manley Services and Select Benefit Administrators. Together, PacificSource and its subsidiaries employ approximately 400 people. For more information, visit www.pacificsource.com or call (800) 624-6052.

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Last updated 9/18/2015