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Tag: 163M

Excellus earns profit in 2024 despite operations costing $163M; check executive compensation – Syracuse.com

Syracuse, NY — The largest private insurance provider in Central New York reported a small profit last year, despite incurring a $163 million loss in daily operations. Annual financial documents submitted to the state indicate that this operating loss represented around 2.5% of Excels Blue Cross Blue Shield’s yearly budget. The company paid out $6.5 […]

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