While state officials have already scheduled a hearing on the matter, one of New Jersey’s representatives in Congress also wants a closer examination into the compensation package for executives at Horizon Blue Cross Blue Shield.

For his work in aiding troubled American International Group regain its reputation as one of the world’s leading insurance companies while also overseeing repayment of billions in federal aid, Robert Benmosche earned $2.7 million as head of the company in 2009.

Nearly all employers – whether insured and self-funded – will be affected by the new health care legislation, with some of those changes coming in the near future, according to a health insurance lawyer.

A reduction in salary has led a top executive at American International Group to resign, but she will receive $2.8 million in severance pay.

An amendment to cap tax-deductible salaries for health insurance executives at $400,000, rather than the current limit of $1 million, failed in the Senate, leading its Democratic sponsor to claim Republicans are choosing to support insurers over seniors.

Two weeks after reiterating his commitment to American International Group’s employees and a new pact with the insurer’s board of directors, Robert Benmosche officially had his $7 compensation agreement as chief executive officer approved.

Claiming his client “earned every penny of his compensation and retirement payments,” the attorney for former CareFirst CEO William Jews is applauding a Baltimore County judge’s decision to award the former executive his full $18 million severance package.

Reacting to “speculative media stories” about his possible departure from American International Group, CEO Robert H. Benmosche reassured the employees he is “totally committed” to the troubled insurer.

Three months to the day after he became American International Group’s CEO, Robert H. Benmosche may step down from that post amid frustrations about the insurer’s government oversight, according to a report.

Four of the nation’s largest health insurance companies have about a week to justify to a Senate committee their pricing practices.