John R. Boehm HCSC EXECS SEE BIG RAISES: Top brass at Blue Cross of Illinois' parent company got big raises last year, as health insurers emerged largely unscathed from the economic fallout of a pandemic that hammered other segments of the health care industry. Maurice Smith, who took the helm last June, got a 63 percent boost to $5.9 million, while longtime board Chairman Milton Carroll's pay jumped 81 percent to $8.9 million. Carroll, an energy industry executive who has served as HCSC's board chairman since 2002, collected far more than his counterparts at comparable publicly traded health insurers last year. "I don't see chairmen of the board for very large public companies making anywhere near that amount of money," says Mark Reilly, managing director of the Overture Alliance, a Chicago-based executive compensation consultancy. READ MORE.