Current NBA Players Break New Ground by Choosing to Fund Health Insurance for Retired NBA Players

(NBPA) (NBPA)

NEW YORK, July 27, 2016 — The National Basketball Players Association (NBPA) announced today 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 but who are not yet eligible for Medicare would be offered a plan that includes medical, hospital and prescription drug coverage with modest out-of-pocket costs for deductibles and co-pays;
  • Those with between seven and nine years of service would be offered the same coverage with even lower out-of-pocket costs;
  • Retired players with at least 10 years of service would be offered the same coverage as the seven-to-nine-year players, and would include coverage for their entire family;
  • Retired players with three to nine years of service who are eligible for Medicare would be offered a $0 deductible and $0 co-pay plan along with a low-cost prescription drug plan; those with 10+ years of service to receive this coverage for themselves and their spouse.
  • The open enrollment period for retired players would begin this fall, with coverage beginning on January 1, 2017.

The average NBA player’s career in the league lasts just over four years, emphasizing the need for long-term planning for all aspects of life, including health. Since becoming Executive Director of the NBPA nearly two years ago, Michele Roberts and her new executive team have instituted a cardiac screening program for retired players and other initiatives designed to prepare current players for life after basketball and provide opportunities for retired players.

“I couldn’t be more proud of Chris, our Executive Committee and our entire membership,” said Roberts. “Providing health care security for players who came before them has been on the players’ minds for the past year and they worked closely with us to make it happen. We’re also thrilled to partner with UnitedHealthcare on this initiative. We had many choices, but none matched UnitedHealthcare’s flexibility, experience, clinical expertise, and robust tools and technologies.”

The National Basketball Players Association (NBPA) is the union for current professional basketball players in the National Basketball Association (NBA). Established in 1954, the NBPA mission is to ensure that the rights of NBA players are protected and that every conceivable measure is taken to assist them in maximizing their opportunities and achieving their goals, both on and off the court.

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7 Comments

  1. 1

    NBPA!
    Thank you for your generosity and concern for those who came before you.
    As a retired player I am grateful for your actions and humbled by your thoughtfulness. This is what the NBA family truly means…taking care of your own and understanding the legacy left you, and the bar you’re now setting for those that follow. The struggles of recognition as a union by the league, (threatening to boycott the allstar game for that right, 60’s stars led by Bill Russell, Wilt Chamberlain, Jerry West and Oscar Robertson, among others), travel issues, trains, buses, coach cabin air travel(3 tickets for two on flights under two hours), training issues, two-a-days for 30 days at training camps, poor training facilities(multiple practice facilities all over town), hotel accommondations, roommates, meal money, non-guaranteed contracts, freedom of movement without restrictions( Oscar Robertson), which has directly led to the contracts extended in recent times (not only your popularity, but your right to move as a free agent)the right for underclassmen to enter the NBA and earn a living(Spencer Haywood), race issues that are so removed from our game it doesn’t seem they ever existed (Boston Celtics starting five blacks was a issue in the 60’s, the Knicks all black lineup called the “niggabockers” in the 70’s) together we’ve overcome many issues and everyone is reaping the rewards of the unity and diversity, of which the league is a trailblazer. Your actions add to that family unity theme. And for that I /we are forever grateful!
    To the current NBPA leadership headed by Chris Paul supported by all of the great stars that make this game,
    And by Michelle Robert’s and her staff,

    Thank you thank you thank you!

  2. 2

    This historic commitment will help more guys than you can even imagine. Thank you Chris Paul and the Executive Committee for your kindness, foresight and selfless concern for those that walked before you. You have changed lives forever.

  3. 3

    This only affects retired players? What about players who are waived or otherwise released by their teams, and players who do not get another offer after they’ve played 3+ years in the NBA?

  4. 4
  5. 5

    Thank you current NBA players and Chris Paul for your leadership in helping retired players with the cost and burden of health care coverage….God Bless you and your families
    Darrall Imhoff
    The Axe

  6. 6

    Does this apply to all former players? I played from 1949 to 1958. Nine years. What does this mean for me at age 89? Robert Harrison

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