Wednesday, September 3, 2014
Covered California has announced it will give Executive Director Peter Lee a one-time, $52,528 bonus related to the launch of the state's health insurance exchange. Anne Gonzales, a spokesperson for the exchange, said that an estimated 1.2 million state residents enrolled in coverage through the exchange during its first open enrollment period.
$52,528 for his role in launching the Golden State's exchange? That's tax payer money, folks, and, you know what, I would have thought that the roll-out of the exchange would be part of the job description of the director, and his annual salary would cover that. Furthermore, the roll-out wasn't without its problems, though not as bad as the federal exchange. Just imagine, if it had been that bad, Mr. Lee might have had to be content with just his meager $262,644 pay packet.
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