Wellpoint pays for executive security
The company became a target for criticism during the healthcare debate, causing concerns about executive safety.
The ill-timed premium increase turned WellPoint into a hot topic, and its president, Angela Braly, justified the move and became the target of criticism from all sides.
Perhaps it's not surprising, then, that Braly was so concerned for her personal safety that Wellpoint spent $151,000 on her security, according to the Footnoted blog. The money went toward bodyguards, a security-enhanced vehicle and an in-home alarm system.
Wellpoint was so worred about the anger brewing over healthcare that it even hired external security experts and reviewed its personal safety policies. The experts apparently recommended more security for Braly.
But, Footnoted writes, "given that Braly’s public profile and subsequent flogging didn’t really become significant until February once Anthem customers began receiving notices of those hefty premium hikes, one can only imagine how much higher those security costs will be for 2010."
How much anger was directed at Wellpoint? Firedog Lake says of the company: "You will never find a more wretched hive of scum and villainy."
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Investors are anxious to see if hiring can maintain its strong pace in the second half of the year.
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