12. July 2010 18:50
United States Senator Frank Lautenberg has asked the IRS to examine the compensation package for Horizon Blue Cross Blue Shield's CEO William Marino. Incredibly, while physicians are repeatedly pinched for every penny they earn from treating Horizon members, Marino recently walked off with salary and bonuses totaling $8.7 million last year -- from a company that is not-for-profit. Senator Lautenberg said he is contemplating legislation to rein in the pay of Blue Cross executives. We laud Senator Lautenberg's actions.