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Type | Nonprofit |
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Headquarters | Middletown, Connecticut, United States |
Chair | Laura McCargar |
Revenue | US$1.47 million (2016) |
Expenses | US$1.3 million [1] (2016) |
Website | www.universalhealthct.org |
Universal Health Care Foundation of Connecticut is an independent, nonprofit organization [2] The foundation supports the mission of its parent organization, CHART (Connecticut Health Advancement and Research Trust). As of 2008, the foundation had assets of approximately $30 million. [3]
In 1997, Attorney General Richard Blumenthal, Comptroller Nancy Wyman and a coalition of advocacy and labor organizations sued the for-profit Anthem Insurance Co. over its merger with the non-profit Blue Cross & Blue Shield of Connecticut. The aim was to recover tax benefits and other concessions that the former Blue Cross & Blue Shield of Connecticut had received. The lawsuit was dropped after Anthem Insurance agreed to a settlement in 1999. As a result, the state established the Connecticut Health Advancement and Research Trust.[ citation needed ]
It is one of about 165 foundations nationwide to be created by conversions of nonprofit health corporations to for-profit entities. As a condition of these conversions, the law requires that the assets of the nonprofit be retained for some public purpose. [3] The foundation received $41 million to carry out the conditions of the settlement. It was charged with working toward system-wide health care reform. [4]
The foundation was incorporated in 2000. It opened its first offices in New Haven, Connecticut. In January 2003, Juan Figueroa, a former Connecticut legislator, [5] became foundation president. In 2004, the foundation changed its name to reflect a final separation from the Anthem Blue Cross and Blue Shield of Connecticut. At the time, Figueroa stated that no relationship with Anthem existed. [6]
Since 2004, the foundation has awarded over $7 million in grants to organizations. [7] In 2007, the Hartford Business Journal chose Juan Figueroa as a 2007 "Health Care Hero". [8] Frances G. Padilla was appointed as the foundation president in 2012. [9]
In January 2009, the foundation announced SustiNet, a proposal for a statewide health care plan for Connecticut that would provide residents with their choice of health coverage and care regardless of their employment status, age, or pre-existing conditions. [10]
In the General Assembly's joint committees on March 26, the Public Health Committee voted 22–8 in favor. [11] On May 20, 2009, the House of Representatives voted 107–35 for SustiNet, [12] and on May 30, the Senate voted 23–12. [13] SustiNet was sent to Governor M. Jodi Rell, who vetoed it on July 8. [14] On July 20, the governor's vetoes were overridden by the Connecticut House of Representatives with a vote of 102–40 and then by the Connecticut Senate with a vote of 24–12. [15]