The AARP says Senator Ronnie DePasco's bill does not force insurance companies to return assets made from non-profit tax breaks. St. Louis Blue Cross Blue Shield became a for-profit organization last year, and state AARP coordinator Erma Cunningham says it still owes the community more money...
Sen. Ronnie DePasco, D-Kansas City, said he and other senators who voted against the bill would support a cooperative effort with opponents and proponents to change the wording of the bill.
Before Blue Cross of Kansas City can start making money, state law requires they turn over their profits to another non-profit organization. Social activists fear insurance costs will rise. Senator Ronnie DePasco has introduced a bill to make sure those funds are properly handled.
The bill's sponsor, Sen. Ronnie DePasco, D-Kansas City, said the questions were how much does Blue Cross come up with, where does the money go, and what will it be used for.
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