Blue Cross Blue Shield
The three-year agreement comes after months of sometime acrimonious negotiations. At one point, the sides walked out on each other.
In two months, as many as 200,000 Massachusetts residents may have to find new doctors.
The state’s largest insurer plans to rebate $4.2 million to its ratepayers to offset the cost of a controversial severance package to former chief executive Cleve Killingsworth.
Blue Cross Blue Shield came under fire this week for paying out hundreds of thousands of dollars to its board members. Jon Keller is at large.
He makes a living bashing executives who make millions, but now president of Massachusetts AFL/CIO Robert Haynes is under fire for approving a controversial $11 million payout to Blue Cross/Blue Shield’s former CEO Cleve Killingsworth.
The state’s second-and third-largest health insurers say they’re no longer talking about a merger.
An $11 million golden parachute was given to the former CEO of Blue Cross Blue Shield of Massachusetts after he left his post.
Harvard Pilgrim Health Care and Tufts Health Plan, the state’s second and third largest health plans, are talking about merging.
WBZ New England Business Editor Anthony Silva talks with Andrew Dreyfuss, who the Board of Directors has promoted from Executive Vice President to the top job.