Pushing WellPoint Back to Nonprofit?

April 5, 2010, Bloomington Alternative — [Rob] Stone, an emergency physician at Bloomington Hospital, director of Hoosiers for a Commonsense Health Plan (HCHP) and board member of Physicians for a National Health Plan, is working on a two-pronged campaign for changing the health care status quo.

One is an "inside" approach, offering a resolution for the health insurance company Wellpoint stockholders to vote on. The resolution calls for WellPoint to study the feasibility of returning to its nonprofit status.

Several shareholders, including Stone, have successfully placed the resolution on WellPoint's proxy statement, released this week and to be voted on at WellPoint's annual stockholders' meeting on May 18 in Indianapolis.

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