Of the $418 million in Blue Cross Blue Shield's administrative expenses over the past five years, a state audit found "millions and millions of dollars in excessive expenses."
The audit also found that Blue Cross Blue Shield funded nearly $15 million in employee bonuses that were almost assured regardless of performance, a $3.5 million investment in a hotel in Fargo and sales reward trips to resorts totaling $1.2 million.
In one case, the audit found that $34,814 was spent for a party for a retiring vice president.
Showing posts with label Corporate Greed. Show all posts
Showing posts with label Corporate Greed. Show all posts
Thursday, September 10, 2009
Best Healthcare System In The World!
Not even close to the best. Hat tip to Bob Cesca for this new story about Blue Cross Blue Shield's generous bonus givings to their corporate executives.
Labels:
Bob Cesca,
Corporate Greed
Subscribe to:
Posts (Atom)


Formed in 2009, the Archive Team (not to be confused with the archive.org Archive-It Team) is a rogue archivist collective dedicated to saving copies of rapidly dying or deleted websites for the sake of history and digital heritage. The group is 100% composed of volunteers and interested parties, and has expanded into a large amount of related projects for saving online and digital history.









