Health reform provided $5 billion for early retiree health care and it announced recipients of this aid. They include a mix of corporations, unions, municipalities, health insurers, hospitals and foundations.
Fourteen BlueCross/BlueShield plans made the list.
- "Blue Cross & Blue Shield of MA, Inc."
- Blue Cross & Blue Shield of Mississippi
- Blue Cross & Blue Shield of Rhode lsland
- Blue Cross and Blue Shield of Kansas City
- "Blue Cross and Blue Shield of Kansas, Inc."
- Blue Cross and Blue Shield of Minnesota
- Blue Cross Blue Shield of Florida
- Blue Cross Blue Shield of Michigan
- Blue Cross Blue Shield of South Carolina
- Blue Cross Blue Shield of Wyoming
- "Blue Cross of Idaho Health Service, Inc.
- BlueCross BlueShield of Tennessee
- CareFirst Inc.--BlueCross BlueShield of Maryland
- Premera BlueCross
Healthcare organizations getting assistance include:
Christiana Care Health Systems (Delaware)
Cleveland Clinic Foundation
Kaiser Foundation Health Plan
Medco Health Solutions
Permanente Medical Group
Varian Medical Systems
Other recognizable names include:
A.T. Massey Coal
Dow Jones & Company
H.J. Heinz Company
Jim Beam Brands
Marsh & McLennan
Mutual of Omaha Insurance
New York Times Company
President and Fellows of Harvard College
Rio Tinto America
The Boeing Company
The Coca Cola Company
The Dow Chemical Company
The Dun & Bradstreet Corporation
The Hartford Fire Insurance Company
The Hershey Company
The Hertz Corporation
The North American Coal Corporation
The PNC Financial Services Group
The Proctor & Gamble Company
The Prudential Insurance Company
The Travelers Companies
The Turner Corporation
The Walt Disney Company
The Washington Post Company
The Williams Companies
Tiffany & Company
I didn't list the plethora of unions on the approved list. While the amount funded was half the original bill's $10 billion, I stand by my former comments:
Why the giveaway to those currently providing coverage? Corporations and unions provide huge campaign donations. Corporations want to dump that pesky health insurance benefit, while unions want to pick it up (become the negotiator for employee paid health insurance).
I thought health care reform was to cover the uninsured and bend the cost curve. This subsidy is another federal giveaway, benefiting the usual suspects.
That's quite a list of suspects. Signs point to help for those who have, while major assistance for the have not's will arrive in 2014.
Update: Workers continue to bear more of their health care and insurance coverage costs.