CalOptima, a public health insurance company for low-income residents in Orange County, awarded its chief executive Michael Hunn a 50-percent raise plus additional benefits this month.
Eight months after officially hiring Hunn as CEO, the CalOptima Board of Directors voted Oct. 6 to increase his salary from $560,000 to $841,500 a year—or $70,125 every month, before taxes.
The salary and benefits will be retroactive to July 3, 2022.
“This amendment extends Hunn’s contract from three to five years in order to lead the agency in fully executing its mission and vision financial and operational improvements, and improving the care it provides to one in four Orange County residents,” CalOptima spokeswoman Deanne Thompson told The Epoch Times in an emailed statement….