Mark Ganz

Cambia's Long Time, Highly Paid CEO Stepping Down

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Mark Ganz, who earned at least $4.1 million in 2019, will be replaced by Jared Short, the company's president and COO.

Washington Health Insurance Executives Outdid Their Oregon Counterparts

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Our neighbor to the north doled out millions of dollars to its health insurance executives last year, with the CEOs of Community Health Plan of Washington, Group Health Cooperative, Regence BlueShield and Premera BlueCross walking away with hefty paychecks that included six-figure bonuses in filings submitted to Washington’s Insurance Commissioner.

The major health insurers in Washington state held onto their commanding 2.5 million members in 2013, not including self-funded employers such as Microsoft, Starbucks and Amazon, while doling out millions of dollars to high-ranking executives, and spending $1.5 million on board member compensatio

Mark Ganz Assumes National Leadership Role

The Lund Report
The CEO and president of Cambia Health Solutions becomes the chair of the most powerful health insurance lobbying group in the country Jan 1.
An avowed Republican, Mark Ganz has never been a fan of the Affordable Care Act, and has purposely kept the Regence health plans as far away from the insurance exchanges as humanly possible. 
 

LifeWise Joins Regence in Backing Away From Small Employer Exchange

The Lund Report
Providence insists it over-calculated its proposed rates for individuals and is asking the state’s insurance commissioner for permission to adjust those rates

May 10, 2013 -- Now that the health insurers have shown their hands and announced whether they intend to participate in Oregon’s insurance exchange, it’s clear that Regence BlueCross BlueShield isn’t alone in backing away from the SHOP (small employer) exchange.

Health Net President Chris Ellertson Leads with 86 Percent Salary Increase

The Lund Report
Looking at the executive compensation among health insurance executives in 2012, John Stellmon, who retired from Regence last April, was the highest paid, earning $1.8 million, a 537% increase from 2011

April 17, 2013 – The profit margins of Oregon’s health insurance companies remained razor thin last year, but that didn’t hinder any of their top executives from taking home bigger paychecks.

CMS Fines Regence $100,000 for Medicare Violation

The Lund Report
The board members of The Regence Group listed below represent the company’s four states – Oregon, Washington, Idaho and Utah

November 30, 2011 – The Centers for Medicare and Medicaid Services has imposed a $100,000 civil penalty against The Regence Group for failing to provide accurate information to its Medicare Advantage members. The Regence Group is the holding company for the company’s insurance products in Oregon, Washington, Idaho and Utah.

Regulators Didn’t Question $56 Million Payout by Regence BlueCross BlueShield

The Lund Report
Five months before Regence asked for a 22.1 percent rate increase, the insurer paid a $56 million dividend to its holding company; some of those funds were used to launch Sprig Health

November 10, 2011 – When state regulators approved a 12.8 percent rate increase for Regence BlueCross BlueShield earlier this year, they were aware that the insurer had dipped into its surplus account and given a $56 million dividend to its holding company just five months earlier.

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