Political Engagement

McKesson understands that the decisions made by policymakers have a profound impact on our industry, business, customers, and the patients they serve. We seek to educate elected and appointed officials about the solutions we offer to improve patient safety, reduce the cost and variability of care, and improve the quality and efficiency of healthcare delivery.

McKesson believes that transparency and accountability with respect to political expenditures are important.

Political Contributions Policy

Where permitted by law in the U.S., we may contribute corporate funds to state and local candidates, parties, committees, ballot measures, and political organizations. McKesson’s corporate political contributions are subject to robust internal procedures. All political contributions using corporate funds must be approved by the Senior Vice President of Public Affairs, with contributions greater than $1,000 approved by the Chief Executive Officer. All contributions are reviewed by outside counsel and made in compliance with all applicable laws. McKesson makes political contributions to candidates from both parties using rigorous objective criteria that promote the interests of the company and are made without regard for the private political preferences of McKesson executives. The company does not make “independent expenditures,” nor does it contribute to so-called “Super PACs.”

From time to time, the company provides contributions from corporate funds to candidates outside the U.S. where the company has business operations. Any such contributions require approval from the region’s Public Affairs and Law departments.

The company’s Code of Conduct (PDF, 24 MB) prohibits employees from using company time or resources for personal political activity.

Contributions made by the McKesson Employees’ Political Action Committee are not made with corporate funds and are governed by its Board of Trustees.

Board Oversight of Political Activities

The McKesson Board of Directors exercises oversight with respect to the company’s political activity. The Senior Vice President of Public Affairs provides periodic updates on public policy issues and political engagements to the Board.  The Senior Vice President of Public Affairs also reports all corporate political contributions annually to the Board’s Governance Committee, which reviews the political contributions made by the company and related policies, and to the Board of Directors.

Political Action Committee (PAC)

McKesson engages in the political process primarily through the McKesson Employees’ Political Action Committee (PAC). The mission of the PAC is to support candidates for federal and state office who understand our business and share our vision for the future of healthcare.

Contributions made by the PAC are funded entirely by eligible McKesson employees on a voluntary basis. Such contributions are not made with corporate assets. The PAC allows employees to pool their financial resources to support federal, state and local candidates, political party committees, and political action committees. Eligible employees may choose not to participate without fear of reprisal.

PAC Oversight
PAC contributions are made in accordance with objective and consistent evaluative criteria. The activities of the PAC, which is governed by its own Board of Trustees, are subject to comprehensive regulation by federal and state governments, including detailed disclosure requirements. The PAC files monthly reports of receipts and disbursements with the Federal Election Commission (FEC), as well as pre-election and post-election FEC reports.

Click here for the FEC database of PAC contributions and enter “McKesson Corporation Employees Political Fund” or “Committee ID: C00108035.”

Corporate Political Contributions

While the McKesson Employees’ PAC is the primary vehicle for political engagement, the company does make a limited number of corporate political contributions at the state level where permitted by U.S. and state law.  McKesson believes in transparency regarding political contributions and voluntarily discloses these corporate political contributions to state and local candidates, parties, committees, ballot measures, and political organizations on this website.  This report is regularly updated when new contributions are made.  This report also includes payments to entities organized under section 527 of the Internal Revenue Code (also known as “527 organizations”).  View McKesson’s 2016 and 2017 Corporate Contributions here.

Trade Associations

McKesson participates in certain industry trade organizations with purposes that include, but are not limited to education about the industry, issues affecting the industry, and industry best practices and standards. We prohibit trade associations, and other tax-exempt organizations such as 501(c)(4)s, from using our corporate funds for political purposes. We inform these organizations in writing of our policy prohibiting the use of our corporate funds for these purposes and seek confirmation of their adherence to our policy.

In 2016, the health policy, industry and/or trade organizations to which we belonged, and to which our annual payments exceeded $50,000, included the following: