Providence Health Plan Will Fully Close at Year-End, Leaving 64,000 Medicare Advantage Members to Reshop

Providence Health Plan, the insurance arm of nonprofit hospital operator Providence, announced it will shut down all remaining health plan products by the end of 2026, including its Medicare Advantage line. The closure follows the collapse of negotiations with an unnamed national insurer that had been expected to absorb the Medicare Advantage business and keep the coverage intact for members.

Providence said the two parties could not reach an agreement despite significant effort. That outcome now leaves more than 64,000 Medicare Advantage members without coverage as of January 1, 2027.

Providence had disclosed in May 2026 that it would wind down its commercial and Medicaid lines, but at that time it was still working to transfer its Medicare Advantage business to another carrier. The deal's collapse removes that option and puts the Medicare Advantage closure on the same timeline as the rest of the plan.

Members who receive a notice of plan termination are entitled to a special enrollment period, which allows them to switch to a different Medicare plan outside the normal calendar. The standard annual enrollment period, which runs October 15 through December 7, also gives affected members a window to choose new coverage for 2027.

Providence's plan serves members primarily in Oregon and covers approximately 435,000 people total across its commercial, Medicaid, and Medicare products in Oregon, Washington, and California. Those non-Medicare members face separate coverage transition questions as the plan winds down.