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Despite financial challenges, Bright Health pays top execs $3.77 million in bonuses

Posted On: Mar. 23, 2023 10:09 AM CST

Despite a complete exit from the Affordable Care Act market and a major scaling back of Medicare Advantage plans last year, Bright Health Group Inc. has awarded its top executives $3.77 million in cash bonuses for their performances in 2022, reports Becker’s Payer Issues. In addition to his base salary of $1.3 million and bonus of $1.69 million, President and CEO Mike Mikan also received an additional $121,000 for personal transport on the company's leased aircraft, according to regulatory documents filed March 16.