Kaiser Permanente Nearly Triples Profits to $7.4 billion in 2019

Kaiser Permanente Nearly Triples Profits to $7.4 billion in 2019  “..Not-for-profit Kaiser, which consists of Kaiser Foundation Health Plan and Kaiser Foundation Hospitals, generated $2.7 billion in operating income in 2019 on $84.5 billion in revenue, compared with $1.9 billion in operating income on $79.7 billion in revenue for the prior year. That works out to […]

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For-profit Insurance Companies Had a 66% Increase in Revenues in 2019, $913 billion

For-profit Insurance Companies Had a 66% Increase in Revenues in 2019, $913 billion “..Despite growing support for Medicare for All that could jeopardize their future, America’s major health insurers are riding pretty high. According to a recent analysis from Modern Health care, the nation’s seven largest publicly traded health insurers saw revenues of $913 billion in 2019. […]

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Households in Lower 1/5 Income Group Pay Average 34% of Income Toward Healthcare While Highest Income Group Pay 16%

Households in Lower 1/5 Income Group Pay Average 34% of Income Toward Healthcare While Highest Income Group Pay 16% “Burden of Health Care Payments Is Greatest Among Americans with the Lowest Incomes Higher-income American households pay the most to finance the nation’s health care system, but the burden of payments as a share of income […]

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Medicare for All would Lead to Income Gains for Majority of Working People

Medicare for All would Lead to Income Gains for Majority of Working People “Many people believe that the United States has a progressive tax system: you pay more, as a fraction of your income, as you earn more. In fact, if you allocate the total official tax take of the United States across the population, […]

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