Kaiser Owes PEBB $608,369 Cost-Growth Penalty
Oregon Public Employees Benefit BoardState · Salem, OR- Disclosed value
- $608,369 penalty due to PEBB for 2025 cost growth; $572,266 credited in 2024
- From agendapacket
- Document date
- Oct 20, 2026
- Term
- 2025 medical plan year
The 30-second brief
PEBB reported a $608,369 performance-guarantee penalty owed by Kaiser Permanente for 2025 medical plan cost growth. Kaiser’s cost growth reached 7.2%, above the contract’s threshold, and the penalty was scheduled for deposit into PEBB reserves.
Kaiser Permanente holds this insurance contract with Oregon Public Employees Benefit Board. Its other public contracts on record include work for Rockwood Water District and Hawaii Employer-Union Health Benefits Trust Fund | State of Hawaii.
Term as filed: 2025 medical plan year.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Insurance
- Amount
- $608,369 penalty due to PEBB for 2025 cost growth; $572,266 credited in 2024
- Document date
- October 20, 2026
- Term
- 2025 medical plan year
- Vendor
- Kaiser Permanente
- Source document
- Public Employees' Benefit Board AgendaPacket Board Meeting 2026-10-20 (AgendaPacket)
Kaiser Permanente's other public contracts
More Oregon Public Employees Benefit Board contracts
Questions about this contract
Who was awarded the insurance contract by Oregon Public Employees Benefit Board?
Kaiser Permanente was awarded this insurance contract by Oregon Public Employees Benefit Board, as recorded on October 20, 2026. The contract value is $608,369 penalty due to PEBB for 2025 cost growth; $572,266 credited in 2024.
How much is the Kaiser Permanente contract with Oregon Public Employees Benefit Board worth?
The Kaiser Permanente contract with Oregon Public Employees Benefit Board is valued at $608,369 penalty due to PEBB for 2025 cost growth; $572,266 credited in 2024, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Public Employees' Benefit Board AgendaPacket Board Meeting 2026-10-20 (AgendaPacket), dated October 20, 2026 from Oregon Public Employees Benefit Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Kaiser Permanente hold?
Kaiser Permanente may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Oregon Public Employees Benefit Board currently buying?
Explore Oregon Public Employees Benefit Board's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.