Five major investments made by payers in the last year:
Kaiser Permanente invests another $200M
The payer-provider first invested $200 million in 2018 to build or preserve 15,000 housing units by 2025. It announced April 14 it would double the fund to $400 million to build or preserve 30,000 units before 2030.
Humana invests additional $25M
The payer said April 13 it would double its initial $25 million investment in September. The move will fund low-income housing tax credits for developers to build or maintain affordable housing in 11 states.
UnitedHealth Group invests $100M
The company said April 7 it would spend $100 million to build 1,000 homes for older adults and families. The move also includes funding for on-site healthcare services.
The payer said in July it would invest $87.9 million in 11 Indiana cities to finance 1,139 new housing units. The move is part of its total $410 million affordable housing investment across 45 states.
The payer-provider surpassed $200 million in affordable housing investments last April. The funding facilitated the building or rehabilitation of 12,500 units across 130 communities in California.
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
