fbpx

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.

Load More Related Articles
Load More By Adam Linker
Load More In Uncategorized

Top Stories from NCPW

  • News
  • Commentary

Chemours – the billion-dollar company responsible for contaminating the drinking water of hundreds of thousands of… [...]

A new federal Inspector General's report found that ReBuild NC couldn't provide "reasonable assurance" that $2.5… [...]

Shaletta Ryans went to court Monday afternoon without even having to leave jail. She appeared in… [...]

For the better part of the past century, the American electric power system evolved around large,… [...]

‘The migrants are human beings, and we’ve got to treat them like human beings. They are… [...]

The post Democracy on fire. appeared first on NC Policy Watch. [...]

Six years. That’s how long it will have been, come next month, since Hurricane Matthew raked… [...]

REPUBLISHING TERMS

You may republish this article online or in print under our Creative Commons license. You may not edit or shorten the text, you must attribute the article to The Pulse and you must include the author’s name in your republication.

If you have any questions, please email [email protected]

License

Creative Commons License AttributionCreative Commons Attribution
BCBSNC CEO Bob Greczyn is one of the highest paid insurance executives in the nation