Reply #6: Blue Cross of California, and all of Wellpoint, was

[ikojo]

bought by Anthem Blue Cross Blue Shield in 2003. The merger was made official in 2004 and the former CEO of Wellpoint, Leonard Schaeffer stood to gain handsomely via change of status clauses (he went from being CEO to being Chairman of the Board) and stock options.

http://www.bizjournals.com/sanjose/stories/2004/06/14/daily11.html

The largest payout, according to CalPERS analysis, would go to WellPoint Chairman and CEO Leonard Schaeffer, who stands to receive $76 million by giving up his post to become chairman of the merged company.



Also, Dr William Maguire of United Healthcare recently exercised stock options and made over $130 million
I am sure they are all good Republicans.

http://milwaukee.bizjournals.com/milwaukee/stories/2006/02/20/daily50.html

UnitedHealth CEO sells $137 million in stock
The Business Journal of Milwaukee - February 24, 2006

UnitedHealth CEO William McGuire sold roughly $137 million worth of stock on Thursday, the company said Friday.

The sale of 2.3 million shares represents about 6 percent of McGuire's holdings in the Minnetonka-based company.