Machinists’ Retirees 751 Resolve To End ACO REACH
On June 13th the International Association of Machinists IAM 751 Retirement Club voted overwhelmingly to end the privatization of Medicare and to send their resolution to their congressional delegation, to President Biden, and to Secretary Xavier Becerra at Health and Human Services.
Machinists’ District 751 represents 27,000 members who work at Boeing and some smaller shops across the state of Washington. It is one of the largest organizations within the IAM.
The privatization scheme the 751 Retirement Club opposes is ACO REACH, formerly called direct contracting entities (DCE). It is a pilot program in which seniors who chose traditional Medicare are placed, without their consent, into plans that are run by insurance companies, private equity, and venture capitalists who can take as high as 40% in overhead and profit from the Medicare program.