Thread regarding HCSC (Health Care Service Corporation) layoffs

Odd timing … where’s the Crains business post??

Historically it has been on time in June. Isn’t it odd it has not been released to the public ???

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| 2381 views | | 19 replies (last August 19) | Reply
Post ID: @OP+1k25a6e98

19 replies (most recent on top)

@1pc try finding it. It’s been public information for years. All of a sudden, poof, not to be found.

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Post ID: @1td+1k25a6e98

@1bj look it up. It’s public

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Post ID: @1pc+1k25a6e98

@1bk Many people are saying he did. The best people. THANK YOU FOR YOUR ATTENTION TO THIS MATTER!!!

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Post ID: @1dq+1k25a6e98

@164 he did not get rid of FOIAs.

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Post ID: @1bk+1k25a6e98

@16j thanks for sharing old news. We want current.

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Post ID: @1bj+1k25a6e98

ChatGPT: Health Care Service Corporation (HCSC), operating as a Mutual Legal Reserve Company, files executive compensation details through its Form 990 Schedule J. This form is publicly accessible and provides transparency regarding the compensation of top executives. 

In 2022, HCSC’s top 10 highest-paid employees collectively received $70 million, marking a 27% increase from the previous year. Notably, CEO Maurice Smith’s compensation surpassed that of executives at major publicly traded health insurers like UnitedHealth Group and Elevance Health .  

To access HCSC’s Form 990 Schedule J:

1.  ProPublica Nonprofit Explorer: Search for “Health Care Service Corporation” to find their filings.()
2.  NAIC’s Financial Data Repository: For detailed financial statements, including executive compensation, visit the NAIC’s repository.()
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Post ID: @16j+1k25a6e98

@164 that makes absolutely no sense or grounded in law.

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Post ID: @16e+1k25a6e98

@15c Ahh this excplains it, since our president wrote the exegutive order to not do FIOAs anymore

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Post ID: @164+1k25a6e98

@122 Crains always has to file a FOIA request since we are not publicly traded.

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Post ID: @15c+1k25a6e98

@122 why not publish?

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Post ID: @129+1k25a6e98

We can look up the annual tax filing and see the top ten earners. Form 990, Schedule J. That’s where the journalists get the $ from

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Post ID: @122+1k25a6e98

Remember the reaction last year when it came out right after the PTO reduction? They will suppress it if possible.

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Post ID: @11n+1k25a6e98

@x6 not sure but they really hate when it comes out- especially when they hand out peanuts to employees.

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Post ID: @10e+1k25a6e98

@vg so, what's the story...when they post multi million salaries when they lost a billion or so? Need to figure out messaging of why they deserve it?

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Post ID: @x6+1k25a6e98

@rj salaries of leadership.

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Post ID: @vg+1k25a6e98

Post about what?

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Post ID: @rj+1k25a6e98

Crains is only using AI to write articles now. If it doesn't trigger AI SEO targets it won't get written.

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Post ID: @jh+1k25a6e98

You are correct. It’s always out last week of June.

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Post ID: @fv+1k25a6e98

Maybe they haven’t filed the 990 yet?

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Post ID: @ea+1k25a6e98

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