TV News LIES

Sunday, Apr 20th

Last update07:31:49 AM GMT

You are here News Economy Excellus board voted itself a 37 percent pay raise

Excellus board voted itself a 37 percent pay raise

E-mail Print PDF

The raises for the 17 outside directors came at the same time the nonprofit insurer lost money on its operations and cut the pay of its top executives.

The same year, Excellus increased health insurance rates on average 8 percent. For 2010, the insurer raised its rates an average of 8.8 percent. Both years, some customers saw substantially higher rate increases.

The board meets five times a year. Directors attend these meetings over a two-day period along with committee meetings, according to Excellus spokeswoman Elizabeth Martin. There are more than 40 committee and ad hoc committee meetings annually.

More...


Most Recent Related Stories...


Trump's China Tariff Shocks U.S. Importers. One CEO Calls It 'End Of Days.'

Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational...

Trump threatens additional 50 percent tariff on China

Xi JinpingPresident Trump on Monday threatened to impose a 50 percent tariff on imports from China, a...

Trump pauses reciprocal tariffs for 90 days, ups China's levy to 125%

tariff warPresident Donald Trump on Wednesday − in the latest twist of the tariff saga that has...

Trump tariffs live updates: China retaliates with 34% tariff as Trump digs in, vows to 'never change' policies

tariffs startPresident Trump has played down the shock impact of his tariff shift on markets, which kept...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!