Blue Cross CEO Suffers $1.2 Million Pay Cut

Blue Cross CEO saw pay cut to $15.7M amid jump in medical, pharmacy claims

JC Reindl – Detroit Free Press

The top executive at Blue Cross Blue Shield of Michigan took home slightly less pay last year as the insurance giant experienced an underwriting loss amid a 12% jump in medical and pharmacy claims, including growing cost pressure from popular weight-loss drugs like Ozempic.

Continue reading Blue Cross CEO Suffers $1.2 Million Pay Cut