Home » EXCLUSIVE: Visa Tries To Scuttle Efforts To Guarantee Insurance For People Who Regret Sex Transition Surgeries

EXCLUSIVE: Visa Tries To Scuttle Efforts To Guarantee Insurance For People Who Regret Sex Transition Surgeries

‘Lawsuits are being filed by damaged transitioners’

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