What does holiday shopping have to do with health care? Given that insurance companies are Wall Street-controlled entities focused more on their bottom line than our health, more than you’d think.

Insurance companies are entwined with Wall Street in a myriad of ways, but one of the most obvious is personnel. The people that run insurance companies often run other Wall Street companies as well. Eric Wiseman, CEO of the clothing and apparel conglomerate VF Corp., is a perfect example: he’s on the board of directors of Cigna health care.

VF Corp. makes all kinds of clothes you might be familiar with. They own the brands Nautica, North Face, Lee, Wrangler, Vans, and Lucy, among many others:

Those brands are marketed by the VF Corporation. And VF’s chief executive is Eric Wiseman, who also sits on the board of Cigna, the giant health insurance company. According to the leaflets [that Health Care for America Now is handing out to shoppers in front of malls around the country], “Greedy health insurance companies like Cigna are spending millions on scare tactics to block reform,” through lobbying and advertising.

Eric Wiseman makes $6.2 million running the publicly traded VF Corp., and he makes another $430,000 for sitting on Cigna’s board.

Cigna is one of the three largest health insurance companies in the country, and it has the track record to prove it. Cigna is the company that insurance industry whistle-blower Wendell Potter used to work for, so all the things he says about how the industry cheats, lies, and tries to kill reform come from personal experience with this company. Cigna is right now under investigation from Senator Rockafeller and the Commerce Committee for allegedly failing to disclose whether their money went to people’s health care or executive salaries and bonuses. And Cigna is the company that denied Stacy Ritter’s sick daughters their care, forcing her into bankruptcy.

Eric Wiseman makes money off of all of that. He makes money when Cigna denies care. He makes money when they use premiums to pay his salary instead our doctors. And he stands to make a ton of money if Cigna, along with the rest of the industry, kills health care reform and the public health insurance option.

So if you’re planning on buying some Wranglers for your husband, Vans for your son, or North Face for your wife, maybe you should think twice about where that money is going. And while you’re at it, why don’t you give Eric Wiseman a call, along with thousands of other shoppers who are getting this message at malls around the country?

Let him know that you understand the connection between his coveted clothing brands and reform, and tell him to stop being grinchy with our health care. Trust me, nothing scares the head of a publicly traded company more than going after their highly protected brands.

Here’s the number to call: (336) 424-6192

(also posted at the NOW! blog)

I’m proud to work for Health Care for America Now

What does holiday shopping have to do with health care? Given that insurance companies are Wall Street-controlled entities focused more on their bottom line than our health, more than you’d think.

Insurance companies are entwined with Wall Street in a myriad of ways, but one of the most obvious is personnel. The people that run insurance companies often run other Wall Street companies as well. Eric Wiseman, CEO of the clothing and apparel conglomerate VF Corp., is a perfect example: he’s on the board of directors of Cigna health care.

VF Corp. makes all kinds of clothes you might be familiar with. They own the brands Nautica, North Face, Lee, Wrangler, Vans, and Lucy, among many others:

Those brands are marketed by the VF Corporation. And VF’s chief executive is Eric Wiseman, who also sits on the board of Cigna, the giant health insurance company. According to the leaflets [that Health Care for America Now is handing out to shoppers in front of malls around the country], “Greedy health insurance companies like Cigna are spending millions on scare tactics to block reform,” through lobbying and advertising.

Eric Wiseman makes $6.2 million running the publicly traded VF Corp., and he makes another $430,000 for sitting on Cigna’s board.

(more…)

Jason Rosenbaum

Jason Rosenbaum

Writer, musician, activist. Currently consulting for Bill Halter for U.S. Senate and a fellow at the New Organizing Institute.

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