June 12, 2013 |
In California's new state-run health insurance market, Kaiser Permanente will cost you. The healthcare giant has the highest rates in Southern California and some other areas of the state, surpassing rivals such as Anthem Blue Cross and other smaller competitors. The relatively high premiums from such a strong supporter of the federal healthcare law surprised industry analysts, and it has sparked considerable debate about the company's motives. Some experts say Kaiser intentionally bid high to avoid drawing too many customers next year who are sick or who have been uninsured for years and may be costlier to treat.
July 28, 2013
Re "Kaiser's rising premiums spark employer backlash," July 25 Why is HMO Kaiser Permanente raising its premiums through the roof? In his book "Deadly Spin," former insurance company executive Wendell Potter wrote that the health insurance industry is dominated by a few large companies that have no reason to keep rate increases reasonable. I say that if insurance companies such as Kaiser Permanente continue to raise rates with impunity, don't be surprised if voters demand the public insurance option that President Obama originally proposed as part of his healthcare reform plan.
November 7, 1986
Financially troubled Kaiser Steel Corp. said Charles S. McNeil, vice chairman, assumed the additional posts of president and chief operating officer, effective Nov. 4. The two positions have been vacant since 1984. McNeil, 37, also continues as president of the Kaiser Coal Corp. subsidiary. Monty H. Rial, 44, remains as chairman and chief executive of Kaiser Steel. Additionally, Senior Vice President M. Edward Stewart, 43, was named chief financial officer, succeeding Arthur W.
August 15, 1990
Kaiser Electronics in San Jose won a $225,270 contract to supply circuit card assembly to the Army.
July 13, 1997
For years I've been critical of the HMO/managed-care philosophy. It seemed to be a sure-fire loser for the individual consumer to pit health care against an institutionalized profit motive. However, even I didn't think that a major HMO, Kaiser Permanente, would be so greedy as to invest in the tobacco industry ("Kaiser Getting Rid of Tobacco Investments," June 26). Just because Kaiser is not violating any law by investing in Philip Morris Cos. does not excuse Kaiser's conduct. Words like hypocritical, irresponsible and amoral come to mind to describe Kaiser's callousness.