WellPoint Cancels Investor Meeting Ahead of Hearing
Indianapolis-based WellPoint has canceled an investor meeting scheduled for next week to allow company executives more time to prepare for a Feb. 24 congressional hearing on proposed rate hikes at its Anthem Blue Cross of California subsidiary. The rate increases are on hold while the state Department of Insurance investigates.
- "Anthem Blue Cross Parent Cancels Investor Meeting" (Helfland, Los Angeles Times, 2/17).