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Measure 97: Some insurers would face multi-million dollar tax bill, others zero

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PacificSource Health Plans would pay it, but Kaiser Foundation Health Plan would not. When it comes to Measure 97, not all health insurers are created equal. Eugene-based PacificSource, which lost $9.4 million in the first half of this year, faces a bill “in excess of $20 million” if the ballot measure passes on Nov. 8, said PacificSource CEO Ken Provencher. M97 would impose a 2.5 percent tax on Oregon sales that exceed $25 million. It applies to C corporations only. In health care, companies…

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