A Washington, D.C. businessman, Jeffrey E. Thompson, at the center of a federal investigation into campaign finance, has stepped down as chairman of his health-care company, and there are reportedly indications that he is preparing to sell the company. Thompson resigned on Friday from the Board of D.C. Chartered Health Plan, which holds a profitable city contract to manage health care for low-income D.C. residents. The contract, which is worth as much as $322 million yearly, is D.C.’s largest and accounts for nearly all of Chartered business.
The company said Thompson will be replaced by David D.Wolf, a former executive vice president of CareFirst BlueCross BlueShield. The 56-year-old’s decision to resign from Chartered, which he completely owns, comes as the District prepares to solicit new bids from companies willing to manage the care of city residents enrolled in the Medicaid and D.C. HealthCare Alliance programs. Thompson’s resignation also comes after his intersecting political and business interests were put under scrutiny on March 2, when federal agents raided his home and offices. Several D.C. Councilmembers were later delivered subpoenas that featured Thompson’s name. Brendan V. Sullivan Jr., Thompson’s attorney, declined to comment on the investigation and other aspects of his client’s dealings.
