Bloated Salaries of American Insurance Company CEO's
ever wonder why you have to fight so hard with your insurance company to get the care you need? . . . . . . . . .
it's because you're paying for the insurance company executive salaries
NAME TITLE COMPANY ANNUAL COMPENSATION
Ronald A. Williams, Chair/ CEO Aetna Inc. $23,045,834 (2007)
H. Edward Hanway, Chair/ CEO Cigna Corp $30.16 million
David B. Snow, Jr, Chair/ CEO Medco Health $21.76 million
Michael B. MCallister, CEO Humana Inc $20.06 million
Stephen J. Hemsley, CEO UnitedHealth Group $13,164,529 (2007)
Angela F. Braly, President/ CEO Wellpoint $9,094,771
Dale B. Wolf, CEO Coventry Health Care $20.86 million
Jay M. Gellert, President/ CEO Health Net $16.65 million
William C. Van Faasen, Chairman Blue Cross Blue Shield of Massachusetts, $3 million plus $16.4 million
in retirement benefits
Charlie Baker, President/ CEO Harvard Pilgrim Health Care $1.5 million (2006)
James Roosevelt, Jr., CEO Tufts Associated Health Plans $1.3 million (2006)
Cleve Killingsworth, Pres / CEO Blue Cross Blue Shield of Massachusetts, $3.6 million (2007)
Raymond McCaskey, CEO Health Care Service Corp (Blue Cross Blue Shield)$10.3 million (in 2007; up 78% from 2006)
Daniel P. McCartney, CEO Healthcare Services Group, Inc $ 1,061,513 (2007)
Daniel Loepp, CEO Blue Cross Blue Shield of Michigan$1,657,555 (2006)
Todd S. Farha, CEO WellCare Health Plans $5,270,825 (2006)
Michael F. Neidorff, CEO Centene Corp $8,750,751 (2007)
Wouldn't it be nice if we didn't have to pay for these bloated CEOs? Let's keep calling our representatives and senator to support Rep. Anthony Weiner's in his attempt to replace all the language of HR3200 with the Conyers bill (HR676) for Single Payer Healthcare, improved Medicare for All.
Also, while calling, support Rep. Kucinich's proposal to allow states the right to implement their own single payer plan. Remember that is how Canada got single payer, one province enacted it and then the rest of the nation followed.
Information provided from:
1. Special Report: CEO Compensation, Forbes.com, April 30, 2008: http://www.forbes.com/2008/04/30/ceo-paycompensation-
2. Executive PayWatch Database, AFL-CIO http://www.aflcio.org/corporatewatch/paywatch/ceou/database.cfm#H
3. The Chicago Business Journal, April 5, 2008: http://www.chicagobusiness.com/cgi-bin/news.pl?id=28855&seenIt=1
4. Equilar, a Redwood Shores, California-based executive compensation research firm.
5. The Boston Globe, November 16, 2007 and February 12, 2009.
contribute to this article
add comment to discussion