Thread regarding Kaiser Permanente layoffs

Covid-Related losses

Has anyone heard if there will be Kaiser Colorado workforce reductions/layoffs due to Covid?

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Post ID: @OP+15hdKebX

6 replies (most recent on top)

Will be interesting to see Kaiser's Q2 report, since Q1 loss was 1.1 billion!

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Post ID: @ylqq+15hdKebX

What department are they looking at At making cuts

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Post ID: @fusy+15hdKebX

@cwh is correct - people not working means less people have health insurance

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Post ID: @dlsq+15hdKebX

SCAL is layoff folks. Lost 3 team members.

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Post ID: @4lzg+15hdKebX

That doesn't make sense. Kaiser has already announced a 1.1 billion net loss nationally in the first quarter, and Colorado has relayed internally that there are significant losses in membership revenue at this point. Unemployment causes folks to lose their health benefits!

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Post ID: @cwh+15hdKebX

No losses due to COVID. COVID is classified as force majour, or act of God, so the insurance companies pay nothing on any claims due to COVID. In fact, COVID is a boom to insurance companies, because they will still raise premimums and also get cash bailouts from taxpayers. Win Win!

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Post ID: @vxv+15hdKebX

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