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Big Blue Cross Payout

This article is more than 11 years old.

The former CEO of the state's largest health insurer walked away with $19.4 million last year.

When he left Blue Cross and Blue Shield of Massachusetts, William van Faasen received most of that money - $16.4 million - in a retirement package. He got the balance for his work as Chairman of the Blue Cross Board. WBUR's Martha Bebinger reports on reaction to the payout.

This program aired on November 16, 2007. The audio for this program is not available.

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