Health plan policies that reduce the number of patients hospitalized, shorten the length of hospital stays, shift certain duties from doctors to less-trained medical staff, limit access to prescriptions and cut the medical budget, all erode the decision making power of doctors, Court said.
Kaiser normally floats about $3 billion in such bonds. Here the state of California acts as
another rich uncle. Kaiser reinvests the money in higher yielding entities and thus makes money off of the California citizens. This is one reason Kaiser likes California.
A. The bonds are often called “Kaiser Permanente” bonds but in fine print only obligate the Hospitals cash flow to repayment; so calling them “Kaiser
Permanente” bonds is another fraud of its own this time involving New York banks.