News Headlines Article

Kaiser Permanente adds 422,000 enrollees year to date, as profits soar
San Francisco Business Times

Profits at the giant Kaiser Permanente nonprofit health-care system jumped 41 percent through 2014’s first three quarters to $3.1 billion, and soared 57 percent in Q3 to nearly $1 billion, Kaiser’s hospital and health plan subsidiaries said Friday, in large part because of strong enrollment growth linked to the Affordable Care Act.

The Oakland-based health behemoth also added 422,000 new enrollees through the year’s first nine months, ending Sept. 30. It now has a total of to 9.5 million enrollees in eight states and the District of Columbia.