Kaiser Permanente Health Insurance United States
Kaiser Permanente is a non profit health care organization that is located in Oakland, California. It was founded in 1945 and presently contains 181,900 employees including 15,129 physicians, is the largest managed care organization that is present in the United States. The most appreciating part of this company is the wide research work that plays a vital role in maintaining the standard of the company even after a long time of its initiation. This company serves all the fundamental health insurance aids like life, vision, dental and other short term care services.
Kaiser Permanente is an integrated managed care consortium, based in Oakland, California, United States, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney Garfield. Kaiser Permanente is made up of three distinct groups of entities: the Kaiser Foundation Health Plan and its regional operating subsidiaries; Kaiser Foundation Hospitals; and the autonomous regional Permanente Medical Groups. As of 2006, Kaiser Permanente operates in nine states and the District of Columbia, and is the largest managed care organization in the United States.
Kaiser Permanente has 8.9 million health plan members, 167,300 employees, 14,600 physicians, 37 medical centers, and 611 medical offices. In its most recently reported year, the non-profit Kaiser Foundation Health Plan and Kaiser Foundation Hospitals entities reported a combined $1.6 billion in net income on $47.9 billion in operating revenues. Each independent Permanente Medical Group operates as a separate for-profit partnership or professional corporation in its individual territory, and while none publicly report their financial results, each is primarily funded by reimbursements from its respective regional Kaiser Foundation Health Plan entity.
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