Seven Days' Shay Totten continues with his coverage of excessive compensation at Blue Cross Blue Shield of Vermont. This week, he reveals the organization's 12-member Board was paid $334,000 in 2008. The Chairman of the Board received a shocking $44,000, while most other members snagged between $25,000 and $30,000 for meeting once every other month. That's more than many people make in a year. Click here to read all about it.
Someone at a mainstream daily newspaper decided to finally cover this story...a week after it was first reported in Seven Days. State Rep. Tony Klein and State Sen. Doug Racine express thoughts of outrage many Vermonters are feeling. Click here to read Louis Porter's article from today's Times Argus.
With all due respect to BCBS and its Board, it is no wonder quality, affordable health insurance is unattainable for thousands of Vermonters and millions nationwide. Wonder if anyone feels at least a tinge of guilt?
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