Ted Cruz Gets Health Insurance Through Wall Street Giant Goldman Sachs, Thanks To His Wife


While Texas Senator Ted Cruz pushes to force low-paid congressional staffers to pay the entire costs of their own health insurance without any contribution from their employers, Cruz himself  is sitting pretty with a cushy health care plan provided by the high-flying Wall Street investment bank Goldman Sachs.

Cruz gets his diamond-studded health coverage thanks to his wife, Heidi Nelson Cruz, a managing director at the Goldman Sachs Houston, Tex., office, who carries her husband, an avid Affordable Care Act opponent, on her plan.

The most high-visibility proponent of the recently-resolved government shutdown, who delivered a 21-hour solo diatribe against the ACA, better known as Obamacare, on the floor of the senate September 25, Cruz backs a measure that would not only require congressmembers and their staffers to drop their current federal health plans and buy into the new ACA insurance exchanges, it would eliminate any government contributions they could receive in paying those plans.

It is routine for employers to help their workers pay for health insurance coverage.

When pressed during his 21-hour speech, by Democratic Senator Dick Durbin, to reveal where he got his own health coverage and whether he would be subject to the same burdens he wanted to impose on congressional staff members, Cruz was coy.

He said only that he was “eligible” for the federal plan but didn’t take part in it.

In other words, the restrictions Cruz wants to place on other congressmembers and their staffs would not affect him personally.

His wife confirmed to the New York Times in a story this week that she carries Cruz on her Goldman Sachs plan. And a Cruz spokesperson said that the senator’s plan would cost $20,000 per year.

“The senator is on his wife’s plan, which comes at no cost to the taxpayer and reflects a personal decision about what works best for their family,” Cruz’s spokesperson Catherine Frazier told the Times.

In public filings, Cruz and his wife list assets totaling between $1.5 million and $4 million, according to a Time Magazine report.

SOURCES: New York Times, MSNBC, Time Magazine


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