‘Lawsuits are being filed by damaged transitioners’
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The Visa board of directors has asked shareholders to oppose a policy advocating the company address an apparent lack of health insurance coverage for detransitioners harmed by sex change interventions, such as hormone therapy and surgeries.
TheNationalLegalandPolicyCenter(NLPC)isbringingforwardaproposaltitled“Gender-BasedCompensationGapsandAssociatedRisks,”referredtoasProposal4,atVisa’sannualshareholdermeetingonTuesday.TheproposalsuggestsVisamaybeatriskoflitigationifitfailstoprovideinsurancecoverageforthoseseekingtopauseorreversetheimpactofcosmeticmedicalproceduresaimedatchangingtheirbodiestolookliketheoppositesex.
TheproposalnotesthatwhileVisaoffersinsuranceplansthatexplicitlypayforthe“medical,chemical,and/orsurgicaltreatmentstoaidtheir‘transition’totheirnon-biologicalsex,”thereisnodistinctcoveragefordetransitionersrehabilitatingfromcomplicationscausedbytheseprocedures.
“VisaInc.(theCompany)providesbenefitstoemployeesandtheirchilddependents