PacificSource

PacificSource

Not-for-profit health insurer and benefits provider

Overview

PacificSource is a not-for-profit health insurer serving individuals and organizations in the Northwest. It offers medical and dental benefits, self-funded employee benefit programs, Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), and COBRA administration services. Its products work by providing employee health plans and related accounts; for employers, PacificSource can fund plans directly (self-funded) and administer benefits, claims, and related accounts on behalf of participants, while individuals receive coverage and managed care through network providers. The company differentiates itself through a long history (founded in 1933), a strong community focus, and local presence with offices across Oregon, Idaho, and Montana, emphasizing close, human-centered service. The goal is to deliver affordable, accessible health benefits and related services to people and organizations in its region, supporting healthy communities.

About PacificSource

Simplify's Rating
Why PacificSource is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Healthcare

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Springfield, Illinois

Founded

1933

Your Connections

People at PacificSource who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Community-health grants strengthen brand trust in Montana and Montana regional communities.
  • Leadership additions can improve medical management and turnaround execution.
  • Broad membership across Medicare, Medicaid, employer, and marketplace plans preserves scale.

What critics are saying

  • Exits from ACA markets after 2026 shrink revenue and increase fixed-cost pressure.
  • Layoffs in 2025 and 2026 signal weakening operations and lower service capacity.
  • Montana market withdrawal and Oregon pullbacks reduce negotiating leverage and member retention.

What makes PacificSource unique

  • Not-for-profit insurer led by Dr. John Espinola since April 2023.
  • Operates across Oregon, Idaho, Montana, and Washington with diversified plan lines.
  • Supports local health needs through grants like St. Peter's Health's $40,000 award.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Wellness Program

Company News

Helena Area Chamber of Commerce
Apr 16th, 2026
PacificSource grants $40,000 to support St. Peter's Health programs.

PacificSource grants $40,000 to support St. Peter's Health programs. St. Peter's Health Foundation has received $40,000 in grant funding from PacificSource to expand community programs that improve health and wellbeing for people experiencing housing insecurity and support access to healthcare services and items needed for healing across St. Peter's Health's five-county service area. The funding includes a $25,000 grant from the PacificSource Foundation for Health Improvement to support St. Peter's Health's Housing is Healthcare program and a $15,000 Community Health Excellence Grant to expand the St. Peter's Health Foundation Patient Assistance Program. Both programs rely on grants and community contributions to meet growing local needs, and PacificSource's investment helps sustain these critical services. The Housing is Healthcare program is led by St. Peter's Health Community Health Workers (CHWs), who work directly with people experiencing homelessness or housing instability to reconnect them with medical and behavioral healthcare, substance use treatment, Medicaid and other public assistance programs, and housing resources. Stable housing is foundational to health. By addressing the social and economic factors that influence wellbeing, the program improves long-term health outcomes and reduces avoidable emergency department visits for people with complex medical and social needs. In 2025, more than 60 people in the Helena community were supported through the program. The St. Peter's Health Foundation Patient Assistance Program helps remove barriers that can prevent people from accessing care and the essential resources they need to heal - items not covered by insurance or other programs and often unaffordable for patients. Support includes transportation assistance, gas cards, medications, medical supplies, and other items needed for recovery. In 2025 alone, the program provided $205,254 in assistance to 1,183 patients and their families across St. Peter's Health's five-county service area. "Access to care isn't just about doctors and clinics. When people have a way to get to care and the resources they need to heal and stabilize their lives, health outcomes improve and our whole community benefits. Programs like our Patient Assistance Fund and Housing is Healthcare are key solutions to these challenges. We're grateful to PacificSource for their support," said Wade Johnson. "At PacificSource, we believe that health starts long before someone walks into a clinic. Stable housing, transportation and access to basic resources all play a critical role in health and recovery. Through our support of St. Peter's Health's Housing is Healthcare and Patient Assistance programs, we're proud to invest in solutions that meet people where they are and strengthen the health of the Helena community," said Erik Wood, Enterprise Market President, PacificSource. Through partnerships, contributions, and grant support, St. Peter's Health continues to work to ensure people across the Helena region have the opportunity to live healthier, more stable lives. PacificSource is a valued partner in improving health and wellbeing for the community.

Chemeketa Community College
Dec 20th, 2024
NO PLACE TO GROW OLD: A HUMANS FOR HOUSING FILM & COMMUNITY DISCUSSION

Chemeketa Community College, in partnership with Humans for Housing, Church at the Park, United Way of the Mid-Willamette Valley, PacificSource Health Plans, and the Oregon Department of Human Services (ODHS), is proud to present "No Place to Grow Old," a documentary addressing the pressing crisis of senior homelessness in Portland.

Dailyfly News
Aug 20th, 2024
PacificSource Welcomes Tracy-Ann Mussenden as VP of Medical Management

PacificSource welcomes Tracy-Ann Mussenden as VP of medical management.

The Lund Report
Mar 28th, 2024
PacificSource lays off 29, will largely pull out of Washington

Springfield-based insurer PacificSource has laid off 29 employees as part of a phase-down of its operations in Washington state - all but pulling the plug on an expansion it launched there in 2008, The Lund Report has learned.

Becker's ASC Review
Jan 27th, 2023
13 new CEOs, presidents in January

John Espinola, MD, was named president and CEO of PacificSource Health, a community health plan serving patients in Idaho, Oregon, Montana and Washington.

Recently Posted Jobs

Sign up to get curated job recommendations

PacificSource is Hiring for 9 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →