The Office of the Insurance Commissioner’s chief reviewer Ronald Pastuch said investigators determined the proposed deal would not hamper competition in Washington state nor negatively impact public interests.
Oakland, Calif.-based Kaiser Permanente disclosed its intentions to buy Group Health in December 2015. Under terms of the deal, Kaiser Permanente will pay $1.8 billion to establish a nonprofit Group Health Community Foundation and spend another $1 billion over 10 years to expand Group Health facilities, staff, technology and research.
Group Health is comprised of about 600,000 members in Washington and northern Idaho, and is valued at $3.5 billion.
Stakeholders expect Dr. Kreidler to make a decision by the end of the month.
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