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Violation Tracker Individual Record

Company: Blue Cross and Blue Shield of Vermont
Penalty: $3,000,000
Year: 2010
Date: June 2, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: The state ordered BCBSVT to return $3 million in premium refunds to subscribers to conclude an investigation into the excessive compensation paid to a former CEO.
Level of Government: state
Action Type: agency action
Agency: Vermont Department of Financial Regulation
Civil or Criminal Case: civil
Facility State: Vermont
Source of Data: State Orders Blue Cross & Blue Shield of Vermont to Return $3 Million to Subscribers, Targeted News Service, June 2. 2010 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.