Socially responsible investors were shocked to learn TIAA-CREF, one of the largest pension funds in the world, invests their socially responsible funds in major private health insurance companies.
Private health insurance companies are known for their duplicitous practices in denying and delaying care to maximize profits; literally bankrupting patients, while registering soaring profits for shareholders and handing out huge executive compensation packages. All the while, they use their huge profits to lobby for positions that are the opposite of what the majority of people in the U.S. support (such as supporting legislation to stop single-payer, Medicare for All healthcare reform).
Help us expose this corrupt industry.
We are the only industrialized country in the world that allows these profit-seeking companies to control healthcare. Now it’s time to hold them accountable.
And for those who can, join us at a rally in front of the CREF Shareholder meeting on July 17th in NYC from 12:30pm – 1:30pm, to support the shareholders who are calling attention to these unhealthy investments. More details here.