Oakland, CA – At a rally and press conference today, Kaiser nurses and consumer advocates exposed the fact that Kaiser Permanente has accumulated a reserve that is $21.7 billion – 1626 percent – more than required by the state, while cutting patient care services and raising premiums on consumers. The California Nurses Association/National Nurses United, which has 85,000 California members, also announced its endorsement of a measure that will appear on this November’s ballot to regulate health insurance rates in California, just as the state already regulates auto insurance rates. The initiative can force refunds to consumers based on such excessive amounts held in reserve.