Insurer says it will stop incentive tripsBISMARCK (AP) — Blue Cross Blue Shield of North Dakota says it will no longer offer incentive trips to its sales staff.
BISMARCK (AP) — Blue Cross Blue Shield of North Dakota says it will no longer offer incentive trips to its sales staff.
The Blues have come under fire from Insurance Commissioner Adam Hamm and others after more than 30 employees went on a weeklong Caribbean retreat. Hamm says he may investigate the company’s executive pay and bonuses.
Blues CEO Mike Unhjem says in a statement that the trips have been used as compensation for 18 years. He says this year’s trip may not have been appropriate given the current economic climate.
Blues officials say the trip cost more than $250,000, or about $6,500 per couple.