Latest Medicare Update May 17, 2012 at 06:55 PM

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Blue Cross will rebate ex-CEO's $4.2M+ severanceFollowing an investigation by


Blue Cross will rebate ex-CEO's $4.2M+ severance
Following an investigation by Attorney General Martha Coakley s office, the Blue Cross Blue Shield Board of Directors has decided to rebate the full amount of departed CEO Cleve Killingsworth s severance package, more than $4.2 million, back to BCBS customers.

Blue Cross to return $4.2M amount of ex-CEO's pay to customers
Following an investigation by Attorney General Martha Coakley's office, Blue Cross Blue Shield's board of directors...

Blue Cross wins big in repeal
In 2006, the South Carolina Legislature repealed a decades-old insurance code, stripping the state's authority to regulate discounting in contracts between hospitals and insurers.


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