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Blue Cross to refund CEO's exit pay to clientsBlue Cross


Blue Cross to refund CEO's exit pay to clients
Blue Cross Blue Shield of Massachusetts, seeking to close the book on its widely criticized $11 million payout to former chief executive Cleve L. Killingsworth, yesterday said it will refund $4.2 million to customers, an amount equal to the severance portion of Killingsworth's pay package.

Blue Cross rate increase for small-business health insurance is lowest in 6 years
Jay Greene - Blue Cross Blue Shield of Michigan has increased premiums for its small-business customers an average of 7.4 percent for the fourth quarter, the lowest rate increase in six years, the company said today.

Blue Cross holding small group rate increase to 7.4%
Blue Cross Blue Shield of Michigan's small business customers with up to 49 employees who renew insurance policies this fall will see average rate increases of 7.4 percent, the insurer said Tuesday.

Blue Cross and Blue Shield of Florida Announces New CEO
Blue Cross and Blue Shield of Florida has announced the appointment of Patrick J. Geraghty as chief executive officer to succeed Dr. Robert I. Lufrano, effective Sept. 1, 2011. The BCBSF board of directors also plans to elect Geraghty as chairman in September.


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