Thursday, April 17, 2008

newsflash!

Interesting developments yesterday. The company I work for was acquired by WellPoint. I'm allowed to reveal this because the press release went out at 8:30 this morning.

So far, everything looks positive for everyone. We all keep our jobs, the company keeps its name and a large portion of its autonomy (so more-or-less business as usual). Our benefits improve - better health insurance, 6% 401K match, 18 days of PTO, and company stock that is actually worth something (I now have an eTrade account!). The stock we had pre-acquisition was converted to WellPoint stock, and some of it is already vested.

For me, the big change will be that instead of my writing going out to 5 million people, which it does now, it will go out to 35 million people (WellPoint covers 35 million lives). I once got a fortune cookie that said, "You will be widely read and quoted." Not quite how I pictured it.

And in unrelated shopping news, Neverwear now has a mousepad and car sticker. I've already placed my order. I wonder what my colleagues will think when they see the mousepad.

2 comments:

Wandering Appalachian said...

That's awesome! Always nice when things get better!

Ami said...

Awesome! I thought that was happening when I read yesterday about a new WellPoint service that would be tracking patient medications to watch for drug interactions. Now I'm wondering if I made the right choice after all... :o)