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Outgoing Blue Cross CEO took pay cut as health insurer saw big operating loss

By Detroit Free Press  
   March 04, 2025

The former top executive at Blue Cross Blue Shield of Michigan saw a pay cut in his final year before retirement as the health insurance company experienced its biggest underwriting loss in at least a decade. Daniel Loepp, 67, who retired as Blue Cross' CEO on Dec. 31, received all-cash compensation of $13.9 million last year, or about $1.85 million less than 2023, the insurer announced Monday.

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