Highmark Health President and CEO David Holmberg received $3.8 million in total compensation in 2015. He took down $2.15 in total compensation in 2014. Check my math, but that’s a 76% growth rate. So, if that rate is stable he is making $11 million this year. What if, during these troubled times, his compensation leveled off a bit? He is still bringing in at least $6 million a year.
Now Delaware Insurance Commissioner Trinidad Navarro is holding a series of public comment sessions on whether or not Highmark’s requested health insurance rate increase are justified.
Let’s hope the CEO compensation comes up in those meetings. How much more money does David Holmberg need? How much more do Delawareans have to pay to keep David Holmberg in the lifestyle to which he has become accustomed?
