123 Main Street
Northampton, MA 01060
413-555-1212
20 December 2017
Scott Serota, CEO
Blue Cross Blue Shield Association
225 North Michigan Ave., Chicago, IL 60601
[email protected]
222-888-1001
Dear Mr. Serota,
I am a concerned customer of Blue Cross Blue Shield medical insurance. I recently read a report[1] indicating that Blue Cross Blue Shield held, last year, $2 Million worth of corporate bonds for Aerojet Rocketdyne. This company is involved in the production of nuclear weapons.
Aerojet Rocketdyne is directly involved in design, development and production of land and sea-based nuclear ballistic missile systems for the US government, and currently produces the propulsion systems for Minuteman III and D5 Trident nuclear missiles.
The financing of Aerojet Rocketdyne goes against everything that I understood Blue Cross Blue Shield to stand for, including your commitment to ‘take corporate responsibility seriously’ and to help people ‘live free of worry, free of fear’.
Your investment in this company directly contributes to the build-up and modernization of nuclear arms at a time when the world has condemned and outlawed everything to do with these weapons.
The 2017 Treaty on the Prohibition of Nuclear Weapons prohibits the development, testing, production, manufacture, possession and stockpiling of nuclear weapons. It also specifically prohibits “assisting, encouraging or inducing, in any way, anyone to engage in any activity prohibited by the treaty.”
I am asking you to divest from this company without delay, to bring Blue Cross Blue Shield into compliance with international law.
The support of your company and other financial institutions will be crucial to the success of worldwide efforts to abolish nuclear weapons. I hope that you will choose to assist rather than impede efforts to eliminate this ultimate threat to our future.
I want my insurance to help secure my future and that of my family, not undermine it. Unless you can reassure me that you will no longer invest in nuclear weapons producers, I intend to move my insurance elsewhere.
I look forward to your response to these concerns and am happy to share it with the many others in this area who have similar concerns.
Yours sincerely,
Concerned Customer
[1] This is from Don’t Bank on the Bomb and their source is : Thomson Reuters Eikon, “Bond ownership: most recent filings”, viewed in August 2016. Blue Cross Blue Shield Association filing date: 3/31/16