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WellPoint hikes CEO’s pay package
Los Angeles Times

WellPoint Inc. revealed Friday that it boosted its chief executive’s compensation 51% last year, even as the health insurance giant prepared massive rate increases in California that embroiled it in a national controversy over skyrocketing health insurance costs.

The proposed rate increases of up to 39% in individual policies turned the insurer into a flash point in the healthcare overhaul battle, breathing new life into President Obama’s effort at a crucial time in the debate.

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