BURLINGTON, Vt. (WCAX) - Vermont’s health care regulators say executive compensation of the state’s health insurance providers is out of line with health care reform goals and the law.

According to Vermont State Statute 18 VSA § 9371, health care costs must be contained, and growth in health care spending in Vermont must balance the health care needs of the population with the ability to pay for such care.

After reviewing Blue Cross Blue Shield’s and MVP’s proposals for rate increases, Green Mountain Care Board Chair Owen Foster says executive salary spending is not making Vermont’s health care more affordable.

“State goals are to contain health care costs and to reduce unnecessary expenditures and to ensure an affordable health care system, and as the board reviewed the basis for the e

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