SEATTLE — Kaiser Permanente, the California-based health care and insurance provider, says it will acquire Seattle’s Group Health Cooperative.
The proposed deal announced Friday would add about 590,000 members to Kaiser, which already serves about 10 million people across the country.
Officials said no immediate changes are planned in coverage and care for current members. The transaction is subject to approval by Group Health’s voting membership and by regulators.
Washington Insurance Commissioner Mike Kreidler said he would scrutinize the deal “very closely.”
He told The Seattle Times he was concerned about protecting consumers in Washington state.
“My job is to ensure that the proposal benefits policyholders at Group Health and all consumers buying health insurance in Washington,” Kreidler said. “I want to ensure that we maintain the healthy competition and wide selection of plans we currently have in our state.”