This kind of story always strikes me as just plain weird. Back in 2007, WellPoint pledged that its charitable foundation would give $30 million in grants to help the uninsured:
However, WellPoint’s public records indicate that from 2007 to 2009 the foundation gave less than $6.2 million in grants targeted specifically at helping uninsured Americans get access to coverage and care — barely one-fifth of what was promised and just 11% of the charity’s total giving over the last three years.
“It was just not something that the company really wanted to do,” said one former executive, who, like others interviewed for this story, asked not to be identified out of concern that discussing WellPoint could have adverse career consequences. “So it went by the wayside.”
WellPoint’s flack says that she’s been “assured” that they have, in fact, given $30 million to help the uninsured, but the reporting process is “complicated” and they don’t care to break the numbers down for nosy outsiders. Translated, that means they didn’t do it. But why? $30 million is chump change for these guys. Why bother reneging on this promise? Are they trying to confirm that they’re the scumbags everyone thinks they are? Or did they just not figure that anyone would ever follow up on this?
