• prole@lemmy.blahaj.zone
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    19 days ago

    Is that true? My initial thought was that it’s because Kaiser Permanente is a nonprofit. Unless I am mistaken.

    • SpaceNoodle@lemmy.world
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      18 days ago

      Yes, it’s true. Its nominal “nonprofit” status doesn’t stop it from being a major market competitor with a history of regulatory capture, paying its CEO more than other insurance companies do, and having vast cash reserves, for example.