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Golden Parachute

(credit: AP)

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.


Cleve Killingsworth reportedly received a large severance after he resigned last year.

Former Blue Cross CEO Gets $11M In Severance

An $11 million golden parachute was given to the former CEO of Blue Cross Blue Shield of Massachusetts after he left his post.



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