News Headlines Article

Blue Shield of California executive pay increased by $24 million in 2012
Becker's Hospital Review

San Francisco-based Blue Shield of California boosted executive compensation by $24 million in 2012, according to a confidential California Franchise Tax Board audit reviewed by the Los Angeles Times. The increase, which includes figures for nearly 60 top officers, is 64 percent greater than the 2011 compensation increase. Blue Shield paid $61 million to its top executives in 2012 and $37 million to the same group in 2011.