Government Healthcare Policy, Business and Technology

Kaiser Permanente 'absolutely' committed to ACA marketplaces

Modern Healthcare: Aetna said this week it is drastically curtailing its participation on the Affordable Care Act's insurance exchanges. But one of the largest not-for-profit health insurers does not plan on abandoning them anytime soon.Kaiser Permanente, the $61 billion system that includes health plans, hospitals and medical groups, is “absolutely” sticking with the exchanges over the long term, Kaiser CEO Bernard Tyson told Modern Healthcare on Wednesday.“I view it through the lens of my mission,” he said. “It obligates to us to figure it out, not to get out.”Kaiser covers about 600,000 people in the individual market, a vast majority who have bought their health plans through the online exchanges. Most of Kaiser's ACA enrollees live in California.

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