The compensation makes BCBS of Michigan CEO Daniel Loepp one of the highest-paid health insurance executives in the U.S. Mr. Loepp was the highest-paid CEO among all BCBS plans and ranked 7th among health insurance executives nationwide. All executives ahead of him helmed for-profit health insurers like Cigna and Aetna.
Mr. Loepp’s compensation drew criticism from presidential candidate Sen. Bernie Sanders, I-Vt. However, BCBS of Michigan’s board of directors said the compensation reflects Mr. Loepp’s strong performance, which helped the insurer reach its targets, according to the report.
More articles on payers:
5 must-reads on payer-provider relationships
8 recent lawsuits involving payers
State of the payer market: the growing need for infrastructure and operations
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.