Dive Brief:
- Net income at Kaiser Permanente increased 3.4% to almost 2.7 billion in fiscal year 2013.
- The increase in net income comes as Kaiser raised its total revenue 6%, to $53.1 billion, for the fiscal year.
- Kaiser's operating income in fiscal year 2013, which ended December 31, totaled $8.1 billion. That gave it an operating margin of 3.4%.
Dive Insight:
Kaiser's success is just one of several among large carriers, many of which have recently turned in strong quarterly or annual performances. The big question now is how enrollees on ACA plans are going to affect them financially. Health plan CEOs seem sanguine about the prospects for making money on ACA beneficiaries -- and so does Wall Street. We'll see if the unknowns work out in their favor.