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WellPoint Funds Clinic Grant Program

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NU Online News Service, Feb. 24, 2005, 2:23 p.m. EST

An Indiana health insurer is making good on promises it made to do good works.[@@]

The insurer, WellPoint Inc., joined today with California Insurance Commissioner John Garamendi to launch a $35 million grant program for community clinics.

Garamendi required Anthem Inc., Indianapolis, and WellPoint Health Networks Inc., Thousand Oaks, Calif., which joined to form the new WellPoint Inc., to promise to make big contributions to California health care programs before he approved the deal.

The California Health Facilities Financing Authority will administer the new community clinic program, according to California officials.