Providence Statewide Owes PEBB $621,965 Penalty
Oregon Public Employees Benefit BoardState · Salem, OR- Disclosed value
- $621,965 penalty due to PEBB for 2025 cost growth; $604,659 credited in 2024
- From agendapacket
- Document date
- Oct 20, 2026
- Term
- 2025 medical plan year
The 30-second brief
PEBB reported a $621,965 performance-guarantee penalty owed by Providence Statewide for 2025 medical plan cost growth. Providence Statewide’s cost growth reached 5.7%, above the contract threshold.
Providence Statewide holds this insurance contract with Oregon Public Employees Benefit Board.
Term as filed: 2025 medical plan year.
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Contract details
- Contract type
- Insurance
- Amount
- $621,965 penalty due to PEBB for 2025 cost growth; $604,659 credited in 2024
- Document date
- October 20, 2026
- Term
- 2025 medical plan year
- Vendor
- Providence Statewide
- Source document
- Public Employees' Benefit Board AgendaPacket Board Meeting 2026-10-20 (AgendaPacket)
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Questions about this contract
Who was awarded the insurance contract by Oregon Public Employees Benefit Board?
Providence Statewide was awarded this insurance contract by Oregon Public Employees Benefit Board, as recorded on October 20, 2026. The contract value is $621,965 penalty due to PEBB for 2025 cost growth; $604,659 credited in 2024.
How much is the Providence Statewide contract with Oregon Public Employees Benefit Board worth?
The Providence Statewide contract with Oregon Public Employees Benefit Board is valued at $621,965 penalty due to PEBB for 2025 cost growth; $604,659 credited in 2024, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Public Employees' Benefit Board AgendaPacket Board Meeting 2026-10-20 (AgendaPacket), dated October 20, 2026 from Oregon Public Employees Benefit Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Providence Statewide hold?
Providence Statewide may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Oregon Public Employees Benefit Board currently buying?
Explore Oregon Public Employees Benefit Board's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.