CALIFORNIA TAXPAYER: Congrats on your new 49ers skybox!
Blue Shield just bought a $2.5 million luxury skybox at the 49ers' brand spanking new Levi’s stadium with Californians' healthcare premiums and tax dollars!
Healthcare insurers, like Blue Shield, are abusing their "non-profit” tax status by spending billions of taxpayer dollars -- in corporate tax breaks and rising premiums -- on lavish entertainment for corporate VIPs and hefty bonuses for company executives, not patient care.
That is why voters put Proposition 45 on the November ballot -- to give California insurance regulators the power to block excessive rate increases, like the ones that helped fund Blue Shield’s skybox. But before November, only Attorney General Kamala Harris has the authority to hold insurers accountable and protect patient care by invoking a "charitable trust" on their assets.
CO-SIGN THE LETTER FROM OUR FRIENDS AT CONSUMER WATCHDOG to ask Attorney General Harris:
"Investigate healthcare insurers who abuse their non-profit status, like Blue Shield, and impose a 'charitable trust' to put a hold on their assets -- to prevent any further abuses of their tax-status. Help us ensure California tax dollars are being spent on patient care, not wasted on luxury suites for corporate VIPs."
Paid for by Consumer Watchdog Campaign – Yes on 45, a coalition of consumer advocates, attorneys, policyholders, and nurses. 777 S. Figueroa St., Ste. 4050, Los Angeles, CA 90017. Major Funding by Consumer Watchdog Campaign and Thomas Steyer.