March 4, 2009

WRAL Report: Blue Cross Exec Salaries Skyrocket

Posted at 9:54 PM by Adam Searing

Wral reports tonight that Bob Greczyn made nearly $4 million last year while profits at the “nonprofit” are over $180 millon. All five top BC execs are now pulling down over $1 million a year. Premiums for ordinary folks? Up 10%.

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2 Comments

2 Comments Add yours »

AdamL 4 Mar 2009 10:12 pm

Blue Cross shill Lew Borman says that BCBSNC is doing something about the public’s frustration with health care. I must have missed the part where he says exactly what Blue Cross is doing to make health care more affordable.

Eugene Barufkin 4 Mar 2009 10:41 pm

How much “insurance” ie how any people would be covered if BCBS executives & staff had a $400,000 compensation cap until the current crisis was over? (A good excuse for a trial period.)
Does anyone know; what portion of collected premiums actually get into provider accounts?
And why is this true? The young under 40, state employees are buying a BCBS preferred state employee individual policy? Is it because costs less than NC SHP coverage?

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