Atleast with Cigna, I can buy their stocks. USAA is customer owned and gives it policy holder dividends. Can policy holder of HCSC limit executive pay or play a role in governance?
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@ef https://www.bcbstx.com/docs/forms/group/tx/grp-proxy-tx.pdf
@ef https://www.fec.gov/files/legal/aos/2014-11/1303261.pdf
@dk That's interesting. Do you get voting rights if you buy insurance through marketplace?
@bx it’s the large accounts that vote on behalf of the members. So employees do not have rights to vote regardless.
@a7 Lets do it
I hate to break it to you, but that’s not how it works for the type of company HCSC is. The members (“customers”) don’t have voting rights; the board governs itself.
Show up to the annual meeting to vote out the board, and hope 10 million other people have the same idea.