Blue Cross To Pay $4.2 Million To Ratepayers In MassachusettsThe 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 Suspends Directors' Pay In Mass.The state's largest insurer has suspended pay for its board members amid scrutiny by Massachusetts Attorney General Martha Coakley.
Patrick Remains Mum On Exec's Golden Parachute Gov. Deval Patrick has again declined to criticize Blue Cross and Blue Shield of Massachusetts over a hefty severance payment to its former CEO, telling reporters his job isn't "managing individual companies or individual compensations."
Keller @ Large: Man Who Approved BCBS $11M PayoutHe 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.
Former Blue Cross CEO Gets $11M In SeveranceAn $11 million golden parachute was given to the former CEO of Blue Cross Blue Shield of Massachusetts after he left his post.