News Headlines Article

WellPoint’s giving for uninsured falls short, records show
Los Angeles Times

When Angela F. Braly, the chief executive of insurance giant WellPoint Inc., came to Capitol Hill last month to defend the company’s recent rate hikes in California, she told lawmakers that her company supported “responsible, sustainable healthcare reform.”

It was not the first time the nation’s largest insurer cast itself as an agent of change. In 2007, just as Democrats took control of Congress, WellPoint pledged that its charitable foundation would spend $30 million over three years as part of a “comprehensive plan to help address the growing ranks of the uninsured.”