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Bonus, pay surpasses $10M for Blue Cross CEO; rates could dip

Mar 02, 2017 - Detroit Free Press

Blue Cross Blue Shield of Michigan's chief executive saw his bonus jump last year as the health insurance giant saw better financial results and is now planning to lower rates for its small-businesses coverage.

Total compensation for Daniel Loepp, CEO of Blue Cross since 2006, hit $10.9 million in 2016, up from $9 million in 2015. His specific compensation was $1.5 million in base salary, $8.3 million in bonuses and $1 million in "other" compensation, such as car allowance and life insuran...