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Blue Cross CEO's pay rose 26%

Salary, bonus totaled $3.5m as insurer's net income slid 49%

Blue Cross CEO Cleve Killingsworth. Blue Cross CEO Cleve Killingsworth.
By Jeffrey Krasner
Globe Staff / February 28, 2009

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The salary and bonus paid to Cleve L. Killingsworth, chairman and chief executive of Blue Cross and Blue Shield of Massachusetts, increased 26 percent last year, to $3.5 million, even though the health insurer's membership declined and its net income fell 49 percent. (Full article: 727 words)

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