Kaiser Permanente reported a decline in health plan membership, driven by slowed job growth.
In the nonprofit's 2023 earnings report published Feb. 9, Kaiser Permanente reported a decline of 51,000 members year over year, due to the "slowing pace of job growth and other economic factors." The non-profit's total health plan membership was 12.5 million.
Kaiser Permanente's Medicare Advantage membership remained flat in 2023, according to a report from Baltimore Health Analytics.
The nonprofit reported $329 million in operating income in 2023, improving on the $1.3 billion operating loss it reported in 2022. Operating revenue for Kaiser Permanente's hospitals, health plan and subsidiaries was $100.8 billion in 2023, up from $95.4 billion in 2022.