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Blue Cross parent hiked rates after paying out $39 million in bonuses
Link: http://rawstory.com/2010/02/ratehiking-blue-cross-spending-millions-bonuses-retreats/
California's Anthem Blue Cross justified its whopping 39 percent insurance premium hike by citing rising medical costs. But, it turns out, its parent company Wellpoint, Inc. has been spending tens of millions on large executive bonuses and fancy retreats.
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