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Consumer Group Calls For Disclosure of Blue Shield CEO’s Salary
PR Newswire

Consumer Watchdog called on Blue Shield Thursday to disclose its CEO’s salary and justify how it can hold 12 times the surplus required by the state while raising Californians’ rates by 59%. Blue Shield is the only major health insurer in California that conceals its top executives’ salaries from the public and its customers. In a letter sent to Blue Shield CEO Bruce Bodaken today, Consumer Watchdog called on the insurer to make key data about the company and its rate hike publicly available.