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Players union to fund health insurance for retired NBA players
- Updated: July 28, 2016
NEW YORK — The National Basketball Players Association (NBPA) announced Wednesday that its player representatives have voted unanimously to fund health insurance for all retired NBA players with at least three years of service in the league. This program is the first of its kind among North American professional sports. It also exemplifies the NBPA’s focus on the health and welfare of its current, retired and future members.
“The game has never before been more popular, and all the players in our league today recognize that we’re only in this position because of the hard work and dedication of the men who came before us,” said Chris Paul, NBPA President and nine-time All-Star. “It’s important that we take care of our entire extended NBA family, and I’m proud of my fellow players for taking this unprecedented step to ensure the health and well-being of our predecessors.”
The unanimous vote — which took place during the NBPA Summer Meeting in New York on June 26 — established a multi-faceted health insurance program through UnitedHealthcare, the country’s leading health benefits provider. The current proposal includes:
• Retired players with between three and six years of NBA service time …
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