Blue Cross Blue Shield North Dakota sales leaders rewarded with trip to Grand Cayman Islands resort
FARGO - At a time when Blue Cross Blue Shield wants to increase premiums up to 18.3 percent, reports surfaced Wednesday that the health insurer is spending up to $227,500 to send 35 of its employees to the Grand Cayman Islands.
The expenditure seems curious in light of the "dire" financial projections Blue Cross Blue Shield of North Dakota made last year, when it once predicted a possible loss of up to $23 million, said North Dakota Insurance Commissioner Adam Hamm.
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