Showing posts with label BlueCrossBlueShield. Show all posts
Showing posts with label BlueCrossBlueShield. Show all posts

$947,350.16 - Blue Cross Blue Shield (part-time?) Job

Not bad work if you can get it. Vincent J GIBLIN, General President, International Union of Operating Engineers (IUOE), got it. $947,350.16 in only 5 years worth of, got it. What was GIBLIN'S compensation prior to 2004?

GIBLIN served as Chairman of the Board of Blue Cross Blue Shield (Horizon of New Jersey), for fifteen (15) years. Dept of Labor reports for 5 of those years, 2004 thru 2008 inclusive, GIBLIN reported on DOL form LM-30 [use filer number 05710] that he received a total of $947,350.16 in compensation. What's an LM-30 form? "The purpose of the form, among others, is to identify potential conflicts of interest between the labor organization officials and their labor organization".

During the same 15 years, GIBLIN served in various (full-time?) IUOE capacities including General President, General Secretary-Treasurer and Local 68 Business Manager. If Local 68, Operating Engineers sounds familiar, read about another GIBLIN, Dennis Giblin, in "Union Leader Arrested", also on tellfred.com.

Pop the cork on the $275,000 bottle of 1907 Heidsieck - 'cause during the same five (5) year period, GIBLIN claimed $1,840,178 in total compensation from the International Union of Operating Engineers - DOL LM-2 [file number 000-159].

So, the 5 year total is..... $2,787,528.16 of reported compensation. What the @%$*&! I need a nap just so I can dream about popping the top of bottle of soda.

Anthem Blue Cross 39% rate increase for 2010 makes headlines

Considering changing your health care provider? Rachel Maddow (MSNBC) last night spoke of Anthem Blue Cross of California customers facing huge rate hikes of 39% this year. This of course is much better than the 68% they faced last year. In Michigan, Blue Cross Blue Shield asked for a 56% rate hike but settled for a 22% average slamming. Whew, that could have been devastating to the individual subscribers. And in November 2009, NDPeople.org reported of Blue Cross Blue Shield of North Dakota "In September, the company was charged with misusing $23,000,000 in premium dollars." What are the Anthem rates in your state?

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