WellPoint should stop spending corporate funds on political campaigns, disclose everything it has spent directly or indirectly on political campaigns, and use the money to lower rates for Anthem policyholders and California taxpayers.
Why is this important?
If you belong to an Anthem Blue Cross health plan or pay California state taxes your money is helping to fund misleading, partisan political ads. These ads hurt our families by attacking supporters of health care, environmental regulation and Wall Street reform.
Anthem Blue Crossʼs super-rich parent company, WellPoint Inc., which last year made $2.6 billion in profit and paid its CEO more than $13 million, is secretly using your premium money against you and your family to oppose rate regulation that would keep Anthem and other health insurers from price-gouging.
UPDATE: Angela Braly has resigned as CEO of WellPoint, bowing to pressure from investors and activists amid accusations of mismanagement. Petition signatures will be forwarded to John Cannon, interim CEO, instead.
