Demonstrators Plan to Tell Insurer to Stop Using Premiums to Hurt Medicare, Medicaid and the Affordable Care Act
Fort Lauderdale, Fla. – Seniors, advocates, health plan members and shareholders of Coventry Health Care will gather inside and outside of the company’s annual meeting Thursday to demand that the company stop using policyholder premiums and taxpayer money to secretly fund political actions that hurt American families. The activists will protest Coventry’s history of shady marketing practices targeting seniors in Medicare and Medicaid and release a report detailing the company’s profit margins, lobby expenditures and political donations over the past few years.
Meanwhile, shareholders will voice support for a resolution that would promote greater disclosure of the company’s political spending. Coventry investors demanding disclosure of all political spending will question the company’s executives and directors about investing in political efforts to overturn the Affordable Care Act.
Coventry is the latest corporation to be held to account by the 99%. Around the country, angry people have been making their voices heard at shareholder meetings, including those of Bank of America, WellPoint, Cigna, General Electric, Wells Fargo, Carnival Cruise Lines and others.
What: Rally and Press Conference at Coventry Health’s Annual Shareholder Meeting
Who: Organize Now, FLARA, Awake Broward, and others
When: Thursday, May 17 @ 8:30am ET
Where: Outside the Ritz-Carlton Hotal, 1 N. Fort Lauderdale Beach Blvd., Fort Lauderdale 33304