Severance Package

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.
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."
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