Corrente

If you have "no place to go," come here!

Single payer activists at the Wellpoint shareholders meeting

DCblogger's picture

WellPoint director Bayh conflicted, activists say

WellPoint Inc. CEO Angela Braly faced pointed criticism of her company and of WellPoint Director Susan Bayh from a handful of shareholders at the health insurer's annual meeting this morning.

Two shareholders used a question-and-answer session to charge Bayh with a conflict of interest because her husband, Sen. Evan Bayh, will have a vote on health care reform legislation being drafted in Congress.

And another investor asked the company to give up its for-profit status and return to a mutual insurance company - "for the good of the company and the good of the country."

"Give up this grand effort to become a behemoth astraddle the insurance market," said Dr. Robert Stone, an emergency-room physician from Bloomington. "I'm afraid we're only becoming a dinosaur."

Stone, even though he owns WellPoint stock, is an outspoken advocate for a single-payer plan, which is a national health insurance program financed by the federal government. So were the other WellPoint shareholders who criticized the company today - they are all part of a steering committee for Hoosiers for a Commonsense Health Plan.

0
No votes yet