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 […]

Continue reading

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. […]

Continue reading