May 26, 2016 10:36 PM ET

Healthcare Providers and Services

Company Overview of Kaiser Foundation Health Plan Inc.

Company Overview

Kaiser Foundation Health Plan Inc., an entity of Kaiser Permanente, is a nonprofit public-benefit corporation that contracts with individuals and groups to arrange comprehensive medical and hospital services. The company contracts with Kaiser Foundation Hospitals and medical groups to provide these services. It serves members in California, Colorado, Georgia, Hawaii, Maryland, Ohio, Oregon, Virginia, Washington, and District of Columbia. Kaiser Foundation Health Plan Inc. was founded in 1945 and is headquartered in Oakland, California. Kaiser Foundation Health Plan Inc. operates as a subsidiary of Kaiser Permanente Inc.

1 Kaiser Plaza

Oakland, CA 94612-3610

United States

Founded in 1955





Key Executives for Kaiser Foundation Health Plan Inc.

Chairman, Chief Executive Officer, and President
Age: 56
Executive Vice President and Chief Financial Officer
President of Southern California Region
President of Hawaii Region
President of Northern California Region
Compensation as of Fiscal Year 2015.

Kaiser Foundation Health Plan Inc. Key Developments

Kaiser Foundation Health Plan, Inc. Announces Earnings Results for the First Quarter Ended March 31, 2016

Kaiser Foundation Health Plan Inc. announced earnings results for the first quarter ended March 31, 2016. For the quarter, the company total operating revenue of $16.3 billion compared to $15.0 billion in the same period in 2015. Operating income was $701 million compared to $741 million in the same quarter last year. Net income was $504 million versus $1.0 billion in the same period of 2015. Capital spending was $669 million compared to $740 million in the same quarter in 2015.

Gregory A. Adams to Lead All Kaiser Permanente Regions as EVP and Group President of Kaiser Foundation Hospitals and Health Plan, Inc

Gregory A. Adams, executive vice president, has been appointed group president to lead all Kaiser Permanente regions of Kaiser Foundation Hospitals and Health Plan Inc. In this role, Adams will have responsibility for driving greater alignment and consistency across Kaiser Permanente's seven regions. All current regional presidents will now report to Adams. Adams reports directly to Chairman and CEO Bernard J. Tyson. In July 2013, Adams was appointed executive vice president. In addition to his regional president and group president responsibilities, he serves on the organization's National Executive Team and Executive Committee.

Kaiser Foundation Health Plan, Inc. and Kaiser Foundation Hospitals Appoints Ramón Baez to the Boards of Directors

Ramón Baez, senior vice president for Customer Advocacy at Hewlett Packard Enterprise, has been named to the boards of directors of Kaiser Foundation Health Plan Inc. and Kaiser Foundation Hospitals. In Baez's current role, he advocates for a customer-centric, technology-driven business strategy across the organization to ensure best-in-class experiences for customers and partners while increasing customer retention, partner satisfaction and brand loyalty. Baez joined Hewlett-Packard in 2012, as senior vice president and chief information officer, a role in which he oversaw the worldwide information technology strategy and all of the company's IT assets that supported Hewlett-Packard employees and helped to drive strategic company priorities.

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