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WellPoint's giving for uninsured falls short, records show

Los Angeles Times, March 18, 2010

In 2007, insurer WellPoint, Inc. 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." But according to tax filings, company promotional material, and former executives familiar with the initiative, WellPoint never came close to fulfilling that pledge. 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. That is barely one-fifth of what was promised and just 11% of the charity's total giving over the last three years, the Los Angeles Times reports.