2023-11-15T05:58:19-06:00 2022-12-31 PwC US Tax LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2022-01-01 943299124 KAISER HEALTH PLAN ASSET MANAGEMENT INC % CHIEF TAX OFFICER KAIS 5102716611 ONE KAISER PLAZA - 26TH FLOOR OAKLAND CA 94612 MICHAEL P WALTON Chief Tax Officer 5102716385 2023-10-13 MICHAEL P WALTON 999009999 ROBERT W FRIZ P00438748 2673303000 2023-10-08 2 2022 2023-04-26 12:10:37Z X THOMAS R MEIER ONE KAISER PLAZA - 26TH FLOOR OAKLAND CA 94612 64923214 false X N/A X 1998 CA THE ORGANIZATION IS A SUPPORTING ORGANI- ZATION WHICH ACQUIRES MEDICAL EQUIPMENT NECESSARY FOR THE DELIVERY OF MEDICAL CARE AT VARIOUS KAISER PERMANENTE MANAGED CARE FACILITIES. 3 0 0 0 0 0 0 0 61696347 62388630 0 0 0 0 61696347 62388630 0 0 0 0 1108909 919464 0 0 0 60097683 60999294 61206592 61918758 489755 469872 308869561 309416148 136341025 136417740 172528536 172998408 KAISER HEALTH PLAN ASSET MANAGEMENT, INC IS A SUPPORTING ORGANIZATION WHICH ACQUIRES MEDICAL EQUIPMENT NECESSARY FOR THE DELIVERY OF MEDICAL CARE AT VARIOUS KAISER PERMANENTE MANAGED CARE FACILITIES. false false 61918758 0 62388630 KAISER HEALTH PLAN ASSET MANAGEMENT, INC ACQUIRES AND MANAGES MEDICAL EQUIPMENT USED IN THE DELIVERY OF MEDICAL CARE AT VARIOUS KAISER PERMANENTE MANAGED CARE FACILITIES. 61918758 true false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 3 0 false false false false true true true true false false false true true true true true true true true false CA X X CHIEF TAX OFFICER 5102716611 ONE KAISER PLAZA - 26TH FLOOR OAKLAND CA 94612 X Kathryn Lancaster EVP & Chief Financial Officer 0.1 49.9 X X 0 5726249 -216576 Mark Zemelman SVP, General Counsel & Secy 0.1 49.9 X 0 5101508 61868 Vanessa Benavides SVP,Chief Legal Officer & Secy 1.0 49.0 X 0 1466903 207776 Thomas Meier President, Chair & Treasurer 0.1 49.9 X X 0 1614705 -90086 Alfonse Upshaw SVP,Corporate Controller & CAO 0.0 50.0 X 0 1101434 12111 Ryan Jenson Interim Corp Controller & CAO 0.1 49.9 X 0 659683 5379 Hong-Sze Yu VP, Brd & Corp Gov & Asst Secy 0.1 49.9 X X 0 471975 -113514 0 16142457 -133042 0 true true false 0 0 LEASED MEDICAL EQUIPMENT 532420 61670665 61670665 0 0 PROGRAM SERVICE REVENUE FROM AFFILIATES 561499 717965 717965 0 0 62388630 0 0 0 0 0 0 2534584 2534584 0 0 0 0 0 0 0 0 0 0 0 62388630 62388630 0 0 0 0 0 0 0 0 619512 619512 0 0 0 299952 299952 0 0 0 0 0 0 0 0 0 0 0 1487 1487 0 0 0 0 0 0 0 0 0 0 60956206 60956206 0 0 0 PURCH. SVC - NON-MED 41601 41601 0 0 61918758 61918758 0 0 0 0 0 0 0 0 7562052 7914145 0 0 0 0 0 0 0 0 0 -12657 524634670 223120010 301307509 301514660 0 0 0 0 0 0 0 0 0 0 308869561 309416148 3740856 7151952 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132600169 129265788 136341025 136417740 X 175000000 175000000 0 0 -2471464 -2001592 172528536 172998408 308869561 309416148 469872 X false true X true false X X 1 KAISER FOUNDATION HEALTH PLAN INC 941340523 10 true 962552 60956206 1 962552 60956206 true false false false false false false false false false false false false false false true false Schedule A, Part I, Line 12G Kaiser Health Plan Asset Management Supports Kaiser Foundation Health Plan with procurement and placement of assets. 524331752 222936966 301394786 302918 183044 119874 301514660 0 DUE TO AFFILIATED ORGANIZATION 129265788 129265788 true true false false false false false true false Kathryn Lancaster EVP & Chief Financial Officer 0 1228774 0 3936502 0 560973 0 -235465 0 18889 0 5509673 0 916667 Mark Zemelman SVP, General Counsel & Secy 0 339902 0 3880962 0 880644 0 41523 0 20345 0 5163376 0 124044 Vanessa Benavides SVP,Chief Legal Officer & Secy 0 687727 0 726916 0 52260 0 189045 0 18731 0 1674679 0 0 Thomas Meier President, Chair & Treasurer 0 568446 0 904341 0 141918 0 -116603 0 26517 0 1524619 0 107580 Alfonse Upshaw SVP,Corporate Controller & CAO 0 523570 0 537804 0 40060 0 -13649 0 25760 0 1113545 0 0 Ryan Jenson Interim Corp Controller & CAO 0 305299 0 203216 0 151168 0 -22147 0 27526 0 665062 0 0 Hong-Sze Yu VP, Brd & Corp Gov & Asst Secy 0 293512 0 158442 0 20021 0 -141683 0 28169 0 358461 0 0 Schedule J, Part I, Line 3 THE FILING ORGANIZATION RELIED ON A RELATED ORGANIZATION THAT USED ONE OR MORE OF THE METHODS DESCRIBED BELOW TO ESTABLISH THE TOP MANAGEMENT OFFICIALS' COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY, AND - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE OF A RELATED ORGANIZATION. SCHEDULE J, PART I, LINE 4A Mark Zemelman $465,099 LISTED PERSONS PARTICIPATED IN SEPARATION ARRANGEMENTS. DEPENDING ON POSITION LEVEL, TENURE, AND SEPARATION REASON, BENEFITS PAYABLE UNDER THESE ARRANGEMENTS PROVIDE FOR PAY AND HEALTH BENEFITS CONTINUATION PLUS PAYMENT OF ACCRUED OBLIGATIONS. IN ADDITION, FOR SOME OF THE LISTED PERSONS, BENEFITS PAYABLE INCLUDE PRORATED INCENTIVE AWARDS FOR PERFORMANCE PERIODS NOT YET ENDED. NONE OF THE LISTED PERSONS PARTICIPATED IN ARRANGEMENTS ENTITLING THEM TO CHANGE-OF-CONTROL PAYMENTS. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PAYMENT Kathryn Lancaster $ 500,214 Mark Zemelman 371,550 Thomas Meier 89,053 SOME OF THE PARTICIPANTS LISTED IN SCHEDULE J, PART II PARTICIPATED IN NONQUALIFIED SUPPLEMENTAL RETIREMENT PLANS. UNDER THESE PLANS, THE ORGANIZATION MAKES ANNUAL CONTRIBUTIONS TO A NOTIONAL ACCOUNT ON BEHALF OF EACH PARTICIPANT. CONTRIBUTIONS VARY BY POSITION, LEVEL AND PAY, AND VEST OVER TIME BASED ON AGE AND/OR SERVICE. PARTICIPANT ACCOUNTS ARE CREDITED WITH A FIXED RATE OF INTEREST, INVESTED IN AVAILABLE MUTUAL FUNDS OR A COMBINATION OF BOTH. CERTAIN OFFICERS ACCRUE A BENEFIT THAT VESTS BASED ON AGE AND SERVICE AND TARGETS A PERCENTAGE OF FINAL AVERAGE PAY LESS PRIOR PLAN OFFSETS. UNVESTED AMOUNTS ARE SUBJECT TO RISK OF FORFEITURE. SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS THE ORGANIZATION PROVIDED NON-FIXED PAYMENTS TO SOME OF THE PERSONS LISTED. PAYMENTS WERE MADE UNDER DISCRETIONARY BONUS PROGRAMS AND INCENTIVE PLANS, BASED ON ATTAINMENT OF ORGANIZATIONAL PERFORMANCE GOALS AND INDIVIDUAL PERFORMANCE, DESIGNED TO SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE HIGH-QUALITY, AFFORDABLE CARE AND IMPROVE THE HEALTH OF ITS MEMBERS AND THE COMMUNITIES IT SERVES. THE PLANS' ORGANIZATIONAL PERFORMANCE GOALS INCLUDED: QUALITY OF CARE AND SERVICE, MEMBERSHIP GROWTH, OPERATING INCOME, PER MEMBER EXPENSE TREND, AND COMMUNITY BENEFIT. PLAN DESIGNS, PERFORMANCE, AND PAYOUT LEVELS, AS WELL AS INDIVIDUAL PAYMENTS TO CERTAIN PERSONS, WERE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS, COMPRISED OF INDEPENDENT DIRECTORS. SCHEDULE J, PART II, SECTION A, COLUMN F AMOUNTS INCLUDED IN SCHEDULE J, PART II, COLUMN F INCLUDE AMOUNTS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION, AS WELL AS DISTRIBUTIONS FROM A 457(B) PLAN THAT WERE PREVIOUSLY REPORTED AS REPORTABLE COMPENSATION IN ACCORDANCE WITH FORM 990 INSTRUCTIONS. SCHEDULE J, PART II, COLUMN C THE ACTUARIAL VALUE FOR THE MAJORITY OF INDIVIDUALS' DEFINED BENEFIT PLAN DECLINED IN 2022, RESULTING IN NEGATIVE COMPENSATION FOR CERTAIN EXECUTIVES. THE ACTUARIAL INCREASE OR DECREASE IN VALUE MAY CHANGE FOR VARIOUS REASONS, INCLUDING CONTINUED SERVICE, AGE, AND CHANGES IN ASSUMPTIONS. THE DECLINE IN ACTUARIAL VALUE OF BENEFITS DURING 2022 IS PRIMARILY DUE TO SIGNIFICANT INCREASE IN MARKET INTEREST RATES, RESULTING IN LOWER PRESENT VALUE OF BENEFITS COMPARED TO THE PRIOR YEAR. THE ACTUAL DOLLARS RECEIVED FROM THE DEFINED BENEFIT PLAN UPON RETIREMENT ARE NOT AFFECTED BY THE INTEREST RATE INCREASES. Form 990, Part VI, Question 6 KAISER FOUNDATION HEALTH PLAN, INC. (KFHP) IS THE SOLE MEMBER. Form 990, Part VI, Question 7A KAISER FOUNDATION HEALTH PLAN, INC. APPOINTS THE DIRECTORS (AND FILLS VACANCIES AND HAS AUTHORITY TO REMOVE DIRECTORS). Form 990, Part VI, Question 7B THE FOLLOWING ACTIONS OF THE CORPORATION REQUIRE APPROVAL OF THE SOLE MEMBER: (A) CHANGES IN MEMBERSHIP; (B) REMOVAL OF THE CHAIRMAN OF THE BOARD OR THE PRESIDENT; (C) AMENDMENT OF ARTICLES C (MEMBERS), D (DIRECTORS) AND H (AMENDMENT & EFFECT OF BYLAWS) OF THE BYLAWS. (D) THE NUMBER OF DIRECTORS MAY BE CHANGED BY THE MEMBER. Form 990, Part VI, Question 11B FORM 990 REVIEW PROCESS 1. KEY INFORMATION IS OBTAINED AND/OR CONFIRMED WITH INTERNAL SOURCES INCLUDING REGIONAL FINANCE AND EXECUTIVE COMPENSATION. 2. PRIOR TO FINALIZATION, THE RETURN IS REVIEWED WITH AN EXTERNAL TAX ADVISOR. 3. ONCE SIGNED BY AN EXTERNAL TAX ADVISOR, THE RETURN AND UNDERLYING DATA ARE REVIEWED BY AN OFFICER OR A MEMBER OF MANAGEMENT DESIGNATED BY AN OFFICER FOR SIGNATURE AND FILING. 4. COPIES ARE THEN PROVIDED TO BOARD MEMBERS PRIOR TO FILING. Form 990, Part VI, Question 12C Ethics and Compliance Ongoing Monitoring and Enforcement Activities Kaiser Permanente regularly and consistently monitors and enforces compliance with the Conflicts of Interest policy in the following ways: Reporting Conflicts of Interest Concerns - The Kaiser Permanente Ethics and Compliance Hotline or Webline is available to all employees, vendors, contractors, and agents to anonymously report actual or perceived conflicts of interest. This process is managed by a third party; however, all reported allegations are provided to Ethics and Compliance for investigation, and if required, corrective action. Employees are prohibited from retaliating against or intimidating anyone who reports concerns in good faith or refuse to participate in wrongdoing. Annual Disclosure Process - Annually, Directors, Officers, Key Employees, Executives, and other employees in roles with elevated risk are required to complete a Conflicts of Interest Disclosure (COID). Responses are reviewed by Ethics and Compliance, Board Services, and / or the Governance, Accountability and Nominating Committee of the Kaiser Foundation Health Plan/Hospital Board of Directors. When actions are required, they are addressed in accordance with policies and written standards. Conflicts of interest responses and actions are maintained for tracking and reporting purposes. Ongoing Disclosure Process - In addition to the annual disclosure process and in accordance with the Conflicts of Interest policy, on an ongoing basis Ethics and Compliance receives, consults, and reports conflicts of interest matters. External Audit Review of Disclosures - Annually, as a part of the Kaiser Permanente external audit, an outside certified public accounting firm reviews the COID process and actions taken for Directors, Officers, Key Employees, and Executives. The results, inclusive of any findings, are presented to the Kaiser Foundation Health Plan/ Hospital Audit and Compliance Committee of the Board of Directors. Awareness and Enforcement - Kaiser Permanente adheres to the following general awareness and enforcement guidelines: - Annually, the Conflicts of Interest and Corrective / Disciplinary Action policies are provided and reviewed as a part of the general ethics and compliance training and the Conflicts of Interest Policy is attested to during the disclosure process. - Represented employees are subject to corrective/disciplinary action provisions outlined in the regional or national collective bargaining agreements and applicable policies. - In the event disciplinary action is required due to failure to comply with applicable legal and regulatory requirements, Kaiser Permanente policies and procedures, the Code of Conduct (Principles of Responsibility), unsatisfactory performance, or misconduct disciplinary action includes, but is not limited to: * verbal discussion, coaching, and/or warning by the employee's immediate; supervisor or higher-level manager to correct the problem; * written notice, with or without final warning; * suspension, with or without final warning; or * termination of employment Form 990, Part VI, Question 15A/B COMPENSATION DETERMINATION THE EXECUTIVE COMPENSATION PROGRAM AS ADMINISTERED BY KAISER FOUNDATION HEALTH PLAN, INC. IS DESIGNED TO RECRUIT, RETAIN AND MOTIVATE QUALIFIED SENIOR MANAGEMENT PERSONNEL. SENIOR MANAGEMENT PERSONNEL HAVE A SIGNIFICANT IMPACT ON THE STRATEGIC AND POLICY DIRECTION AND RESULTS OF THE ORGANIZATION. THEREFORE, THE EXECUTIVE COMPENSATION PROGRAM IS, TO A SIGNIFICANT DEGREE, PERFORMANCE-BASED. THE COMPENSATION PROGRAM IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND THE MANAGEMENT COMMITTEE ON COMPENSATION. PRIOR TO PAYMENT, ALL PROGRAMS AND PAYMENTS TO THE CEO, EXECUTIVE DIRECTOR, AND TOP MANAGEMENT OFFICIALS (EXECUTIVES) ARE REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AND THE MANAGEMENT COMMITTEE ON COMPENSATION. BASE PAY FOR EXECUTIVE POSITIONS IS ESTABLISHED AT A LEVEL COMPARABLE TO THE RELEVANT MARKET. IN ADDITION, OTHER COMPONENTS OF THE COMPENSATION PROGRAM BEAR 'AT-RISK' FEATURES DESIGNED TO FOCUS ON STRATEGICALLY IMPORTANT PERFORMANCE GOALS AND TO ASSIST IN ATTRACTING AND RETAINING TOP PERFORMERS. THE EXECUTIVE COMPENSATION PROGRAM IS TARGETED TO BE COMPETITIVE TO THE COMPARABLE EXTERNAL MARKET IN WHICH THE ORGANIZATION COMPETES FOR EXECUTIVE LEADERSHIP. EVALUATION OF COMPARABLE PAY DATA IS PERFORMED BY AN INDEPENDENT COMPENSATION, BENEFITS & HUMAN RESOURCES CONSULTING FIRM. THE COMPENSATION PROGRAM FOCUSES ON OBJECTIVES IN THE AREAS OF QUALITY OF MEMBER CARE AND SERVICE, MEMBERSHIP GROWTH, FINANCIAL SOUNDNESS, AND THE COMMUNITY AND SOCIAL MISSION OF THE ORGANIZATION. Form 990, Part VI, Question 18 Forms 990 are available on www.guidestar.org. Form 990, Part VI, Question 19 Public Inspection GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AS DISCLOSED TO OTHER REGULATORY BODIES. TO REQUEST COPIES CONTACT: NATIONAL COMMUNICATIONS - RM OPERATIONS KAISER FOUNDATION HEALTH PLAN AND HOSPITALS ONE KAISER PLAZA, 22nd FLOOR OAKLAND, CA 94612 Form 990, Part VII, Section A, Column B HOURS FOR RELATED ORGANIZATIONS INDIVIDUALS WHO ARE BOTH OFFICERS AND MEMBERS OF BOARDS OF DIRECTORS WORK FULL TIME AS EMPLOYEES AS WELL AS FULFILL THEIR BOARD ASSIGNMENT. ALL OFFICERS WORK FULL TIME IN THEIR EMPLOYEE CAPACITY. FULL TIME WORK MAY REQUIRE IN EXCESS OF THE TRADITIONAL 40 HOUR WEEK. GIVEN THE INTEGRATED NATURE OF OUR ORGANIZATION, EMPLOYEES MAY PROVIDE SUPPORT FOR VARIOUS KAISER PERMANENTE COMPANIES. THE AVERAGE HOURS PER WEEK REPORTED FOR THE FILING ORGANIZATION AND RELATED ORGANIZATIONS WAS ESTIMATED. Kaiser Foundation Hospitals One Kaiser Plaza - 26th Floor Oakland CA 94612 941105628 Health Care CA 501(c)(3) 3 NA false Kaiser Foundation Health Plan Inc One Kaiser Plaza - 26th Floor Oakland CA 94612 941340523 Health Care CA 501(c)(3) 10 NA false Kaiser Foundation Health Plan of CO One Kaiser Plaza - 26th Floor Oakland CA 94612 840591617 Health Care CO 501(c)(3) 10 KFHP Inc false Kaiser Foundation Health Plan of GA Inc One Kaiser Plaza - 26th Floor Oakland CA 94612 581592076 Health Care GA 501(c)(3) 10 KFHP Inc false Kaiser Foundation Health Plan of the MAS One Kaiser Plaza - 26th Floor Oakland CA 94612 520954463 Health Care MD 501(c)(3) 10 KFHP Inc false Kaiser Foundation Health Plan of the NW One Kaiser Plaza - 26th Floor Oakland CA 94612 930798039 Health Care OR 501(c)(3) 10 KFHP Inc false Kaiser Fdn Health Plan of Washington One Kaiser Plaza - 26th Floor Oakland CA 94612 910511770 Health Care WA 501(c)(3) 3 KFHPW Hldng false Kaiser Hospital Asset Management Inc One Kaiser Plaza - 26th Floor Oakland CA 94612 943299125 Asset Mgmt CA 501(c)(3) 12-I KFH false Camp Bowie Service Center One Kaiser Plaza - 26th Floor Oakland CA 94612 943299123 Admin CA 501(c)(3) 12-I KFHP Inc false Lokahi Assurance LTD One Kaiser Plaza - 26th Floor Oakland CA 94612 912171891 WC Placement HI 501(c)(3) 12-I KFHP Inc false 1800 Harrison Foundation One Kaiser Plaza - 26th Floor Oakland CA 94612 943317484 Financing CA 501(c)(3) 12-I KFHP Inc false Kaiser Hospital Assistance Corporation One Kaiser Plaza - 26th Floor Oakland CA 94612 311779500 Financing CA 501(c)(3) 12-I KFH false Kaiser Health Alternatives One Kaiser Plaza - 26th Floor Oakland CA 94612 930954562 Health Care OR 501(c)(3) 10 KFHP Inc false KP Bernard J Tyson School of Medicine One Kaiser Plaza - 26th Floor Oakland CA 94612 814053028 Medical Educa CA 501(c)(3) 2 KFH false KFHPW Holdings One Kaiser Plaza - 26th Floor Oakland CA 94612 930480268 Health Care WA 501(c)(3) 12-I KFHP Inc false Group Health Northwest One Kaiser Plaza - 26th Floor Oakland CA 94612 911216856 Inactive WA 501(c)(3) 12-I KFHP of WA false Group Health of Washington One Kaiser Plaza - 26th Floor Oakland CA 94612 911314907 Inactive WA 501(c)(3) 12-I KFHP of WA false Kaiser Fdn For The Adv of Integrated HC One Kaiser Plaza - 26th Floor Oakland CA 94612 823819611 Advocacy CA 501(c)(4) N/A KFHP Inc false Kaiser Foundation Health Plan of NV Inc One Kaiser Plaza - 26th Floor Oakland CA 94612 372097870 Health Care DE 501(c)(4) N/A KFHP Inc false KP Medical Foundation One Kaiser Plaza - 26th Floor Oakland CA 94612 920685740 Health Care DE 501(c)(3) 12-I KFHP Inc false KFH Holdings Inc One Kaiser Plaza - 26th Floor Oakland CA 94612 884172095 Holding Co DE 501(c)(3) 12-I KFH false NXT CAP SR FD I LLC 191 N Wacker Dr 1200 Chicago IL 60606 371651297 Investment DE NA N/A 0 0 0 0.00000 Garfield Health Sol E Pvt Ltd 1 Kaiser Pl - 26th Fl Oakland CA 94612 Admin IN NA N/A 0 0 0 0.00000 Maui Nui ASC Holdco LLC 1 Kaiser Pl - 26th Fl Oakland CA 94612 Holding Co HI NA N/A 0 0 0 0.00000 OAK TREE ASSURANCE LTD One Kaiser Plaza - 26th Floor OAKLAND CA 94612 030329760 INSURANCE VT NA C CORP false KAISER PERMANENTE INSURANCE COMPANY One Kaiser Plaza - 26th Floor OAKLAND CA 94612 943203402 INSURANCE CA NA C CORP false KAISER PERMANENTE INTERNATIONAL One Kaiser Plaza - 26th Floor OAKLAND CA 94612 943245176 CONSULTING CA NA C CORP false KFHP OF WASHINGTON OPTIONS INC One Kaiser Plaza - 26th Floor OAKLAND CA 94612 911467158 INSURANCE WA NA C CORP false false false false false true false true false false true false true false true true true true true true