Uncategorized

BCBSNC CEO Bob Greczyn is one of the highest paid insurance executives in the nation

As Blue Cross and Blue Shield of North Carolina was busy bamboozling the State Health Plan, cutting radio ads to attack state employees, and plotting commercials to bash President Barack Obama’s health reform effort, CEO Bob Grezcyn raked in $3.99 million in pay for 2008.

A new analysis of the top ten highest paid insurance company CEOs shows that Grezcyn would make the list if BCBSNC were a public company. Poor Stephen Hemsley at UnitedHealth Group made a measly $3.2 million in 2008 while Richard Barasch of Universal American scraped by with $3.5 million.

That would put Grezcyn at number nine on the list and Hemsley would fall out of the top ten. To move up a notch Grezcyn would need to eek enough out of policy holders to make $4.4 million, which is how much Health Net CEO Jay Gellert brought home in 2008.

What a bummer for Grezcyn, only the ninth highest paid insurance executive in the nation. Well, there’s always 2009 — and this one is already shaping up to be a heck of a year for the state’s largest insurer.

8 Comments

  1. [...] to bloggers and reporters, we know that a lot of our extraneous dollars are going toward enriching non-profit [...]

  2. Louie

    May 20, 2009 at 3:57 am

    it would be interesting to see if anybody has done an equivalent study for CEO’s of so called ‘non-profit’ hospitals in NC and throughout the USA

  3. leon

    September 11, 2009 at 5:41 pm

    Louie; Great point to make. try working in one of these hospital where you keep getting the dark and grim side of the financial situations as in cutting staff and hours to compensate for the lost only to hear of the CEO getting crazy high salary along with millons of bonus. It’s time for these Mega healthcare systems to stop being so bonus driven and remember they are still a service indusrty and get back to providing care a call patients patients instead of customers!!!!

  4. [...] 10.The Progressive Pulse – BCBSNC CEO Bob Greczyn is one of the A new analysis of the top ten highest paid insurance company CEOs shows that Grezcyn would make the list if BCBSNC were a public company. Poor Stephen Hemsley … To move up a notch Grezcyn would need to eek enough out of policy holders to make $4.4 million, which is how much Health Net CEO Jay Gellert brought home in 2008. http://pulse.ncpolicywatch.org/2009/05/19/bcbsnc-ceo-bob-greczyn-is-one-of-the-highest-paid-insurance-executives-in-the-nation/ [...]

  5. Eventsearch.us

    July 28, 2010 at 8:44 am

    I like such people as Bob Greczyn. You have a lot to learn from them. It is a pity there is so little information about him.

  6. WEL

    October 15, 2010 at 7:01 am

    MAXIDEX DEXAMETHASONE WARNING

    I had eye surgery and in the post-op pack was MAXIDEX(dexamethasone) drops by ALCON LABS.

    Two days later I was BLIND

    Use Google and enter EPOCRATES MAXIDEX REACTION to verify

    Or call 800-757-9195

    DEATH COUNT is on rhralyj.ne.com

  7. healthcare web » BCBSNC Blue Point

    October 30, 2010 at 2:15 pm

    [...] 2.The Progressive Pulse – BCBSNC CEO Bob Greczyn is one of the As Blue Cross and Blue Shield of North Carolina was busy bamboozling the State Health Plan, cutting radio ads to attack state employees, and plotting commercials … A new analysis of the top ten highest paid insurance company CEOs shows that Grezcyn would make the list if BCBSNC were a public company. … Great point to make. http://pulse.ncpolicywatch.org/2009/05/19/bcbsnc-ceo-bob-greczyn-is-one-of-the-highest-paid-insurance-executives-in-the-nation/ [...]

  8. [...] [...]