NFP500

#1 of 500 · Health Plan / Insurer

Kaiser Foundation Health Plan Inc

EIN 94-1340523 · CA · NTEE E310 · Form 990, fiscal 2023

The nonprofit health insurance arm of Kaiser Permanente, one of the largest integrated managed-care organizations in the United States. Based in Oakland, California, it contracts with members to arrange and finance comprehensive medical coverage, working with Kaiser Foundation Hospitals and the Permanente Medical Groups to deliver prepaid care. It operates regional health plans across California and several other states and the District of Columbia, serving roughly 12 million members.

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Financials, fiscal 2023

Revenue
$75.10B
Expenses
$74.36B
Total assets
$31.40B
Net assets
$9.32B
Operating margin
1.0%
1-year growth
6.1%
5-year growth (CAGR)
4.7%
Reserve (years of spending)
1.5
Contributions share
0.0%
Programme spending
100.0%
Fundraising cost
0.0%
Executive pay share
0.12%
Employees
30,295
Revenue per employee
$2.5M
Grants paid
$11.5M
Years filing
42

NFP Health Score: 61 / 100

Financial 42 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide high-quality, affordable health care services and to improve the health of our members and the communities we serve.

Revenue history

YearRevenue
2019$62.52B
2020$66.68B
2021$68.10B
2022$70.80B
2023$75.10B