executive compensation

Managed Care Plans Pay Top Salaries

A Clear One buy-out netted higher than average salaries last year as state prepares for major reform
May 27, 2011 – Gov. John Kitzhaber wants to trim as much waste out of Oregon’s Medicaid program as possible. So far the discussion has not extended, however, to tamping down on executive salaries or the type of profitable buy-outs like the one that occurred in Central Oregon last year. Read More >>

Health Insurers Make More, Cover Fewer People

The 2010 financials for Oregon health insurers paints a troubling picture as nation grips for reform
March 28, 2011 -- Oregon health insurers covered fewer people and made more money last year than in recent years past according to the year-end financial statements submitted to the Oregon Insurance Division. Read More >>

Norman Gruber’s $1.2 Million Salary Explained

As president of Salem Hospital, Gruber had a supplemental retirement plan which he cashed out in 2008 because of IRS rules
October 21, 2010 -- The $1.2 million compensation package earned by Norman Gruber, president of Salem Hospital, in 2008 has caused quite a stir among the physician community. Read More >>

Salem Health Sends Key Executives to Japan

Yet Salem Hospital has decided to increase health insurance cost-sharing for early retirees because of higher costs
October 6, 2010 -- Salem Health is sending its top executives to Japan to embark on a program to improve quality and meet patient needs. That program is estimated to cost approximately $2.5 million a year over the next five years, according to confidential sources. Read More >>

Regence Executive Salaries in Washington Take a Tumble

Premera Blue Cross executives were the highest paid; their CEO took home $2.2 million in 2009
April 15, 2010 – Compared to their Washington counterparts, Regence officials must be shaking in their boots. Read More >>

Top 10 Highest Paid Oregon Health Insurance Executives

Regence CEO takes a 40 percent pay cut while Clear One Health Plan executives saw their salaries soar last year
March 17, 2010 -- Many of Oregon’s health insurance executives took home lower paychecks last year, and Mark Ganz, CEO of Regence BlueCross BlueShield of Oregon, took the biggest hit. Read More >>

Insurance Executives Earn Higher Salaries in 2008

Enrollment and profits fell, yet salaries rose
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April 9, 2009 -- Despite these turbulent economic times, the majority of Oregon’s insurance executives took home heftier paychecks last year, while watching their company’s profit margins and enrollment shrink. Read More >>
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