Oregon regulators have released ATRIO Health Plans from state supervision three months after finding the Medicare Advantage insurer was in a “hazardous financial condition.”
The Oregon Division of Financial Regulation terminated the supervision July 14, saying the conditions that prompted the order no longer exist and that the company had taken steps to significantly improve its policyholders’ surplus.
Oregon placed ATRIO under supervision April 13 after it posted more than $52 million in operating losses in 2025 and reported adjusted capital and surplus of $9.8 million as of Dec. 31, creating a claims backlog that left provider payments unpaid.
ATRIO covered more than 36,000 MA enrollees across 11 Oregon counties as of March 31.
“This is very positive news for ATRIO and the communities we serve,” Jennifer Callahan, president and CEO of ATRIO, said. “Over the past several months, our team has worked tirelessly and collaboratively with regulators, providers, and stakeholders to address concerns, strengthen our operations, and meet our obligations. We appreciate the Division of Financial Regulation’s guidance throughout this process and are pleased that the supervision has now been formally terminated.”
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