GREED. Executive Salaries of Insurance Companies $$$$$

[WillYourVoteBCounted]

Teenager dies after insurance firm CIGNA refuses to fund liver transplant
UCLA declined two livers while waiting for insurance approval from Cigna.

Executive Salaries of Insurance Companies

Jul 27, 2009 — KZeese at Prosperity Agenda

NAME, TITLE, COMPANY ANNUAL COMPENSATION

H. Edward Hanway, Chair/CEO, Cigna Corp., $30.16 million

Ronald A. Williams, Chair/CEO, Aetna Inc., $23,045,834 (2007)

David B. Snow, Jr, Chair/CEO, Medco Health, $21.76 million

Dale B. Wolf, CEO, Coventry Health Care, $20.86 million

Michael B. MCallister, CEO, Humana Inc., $20.06 million

Jay M. Gellert, President/CEO, Health Net, $16.65 million

Stephen J. Hemsley, CEO, UnitedHealth Group, $13,164,529 (2007)

Raymond McCaskey, CEO, Health Care Service Corp., (Blue Cross Blue Shield), $10.3 million (in 2007; up 78% from 2006)

Angela F. Braly, President/CEO, Wellpoint, $9,094,771

Michael F. Neidorff, CEO, Centene Corp., $8,750,751 (2007)

Todd S. Farha, CEO, WellCare Health Plans, $5,270,825 (2006)

Cleve Killingsworth, Pres/CEO, Blue Cross Blue Shield of Massachusetts, $3.6 million (2007)

William C. Van Faasen, Chairman, Blue Cross Blue Shield of Massachusetts, $3 million plus $16.4 million in retirement benefits

Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555 (2006)

Charlie Baker, President/CEO, Harvard Pilgrim Health Care, $1.5 million (2006)

James Roosevelt, Jr., CEO, Tufts Associated Health Plans, $1.3 million (2006)

Daniel P. McCartney, CEO, Healthcare Services Group, Inc., $ 1,061,513 (2007)

Sources:

1. Special Report: CEO Compensation, Forbes.com, April 30, 2008:

2. Executive PayWatch Database, AFL-CIO

3. The Chicago Business Journal, April 5, 2008:

4. Equilar, a Redwood Shores, California-based executive compensation research firm.

5. The Boston Globe, November 16, 2007 and February 12, 2009



Thank you to Prosperity Agenda

[alittlelark]

1. How many 'sacrifices' of policyholders made up that $$$$$

.......anyone...... (crickets).

[leftstreet]

2. But they work hard for their moneeeeeey! n/t

[readmoreoften]

3. I don't see why innovative people shouldn't be rewarded for their hard work and imagination!

:sarcasm:

It must take a lot of hard work and imagination for them to be able to look themselves in the mirror and tell themselves they actually deserve a dime.

[stuball111]

4. That's approx.372 million all totaled!

Do you know how many people you can keep alive and healthy with that much money? If premiums were say, 5 grand per year, that would insure 744,000 people for one year! And at 3720 per year, that would be one million people!

[moondust]

5. How many people had to die for those ridiculous salaries?

Couldn't afford their insurance.

Dumped by the company after they got sick.

"Special treatment" not covered.

Preexisting condition - get lost.

Medical mistakes caused by health care workers forced to cut corners and double work load to boost profits.


The profit motive does not belong in health care.

[lexanman]

18. The profit motive does not belong anywhere

Why is it people see that the profit motive is bad in healthcare because people die, yet not in other businesses?. When one party profits, the other party always necessairly loses, and in the case of healthcare, it literally means people die.

profit is the basis for greed, and greed is the reason why you have a handful of extremely wealthy people and the rest slowly become poorer and poorer.

[DaLittle Kitty]

21. THANKS $ The Info! Good Ammo!

:)

[ColbertWatcher]

6. Thank you for posting this. k+r, n/t

[Union Yes]

7. A list of economic fascists. recd

[Hannah Bell]

8. James Roosevelt, Jr., CEO, Tufts Associated Health Plans = FDR's grandson.

Money & power go on forever.

Charlie Baker, President/CEO, Harvard Pilgrim = stepping down to run for MA gov (R)

revolving door politics

[Hannah Bell]

9. stephen helmsley = former arthur andersen partner.

"Hemsley was more involved in the handling of backdated stock options than previously revealed, according to documents filed in a 2008 shareholder lawsuit in a Minneapolis District Court.<2> The company's two investigations largely exonerated him from the backdating scandal. However, the SEC continued its investigations even after it in 2008 settled legal actions against both United Health Care itself and its former general counsel.<3>."


todd farha, bush pioneer

http://www.nndb.com/people/759/000164267/

[B Calm]

10. I e-mailed this to all my contacts. Great Post

[Orwellian_Ghost]

11. K&R

[Orwellian_Ghost]

12. Bumping

[redqueen]

13. K&R

[glitch]

14. Murderers. nt

[Greyhound]

15. K&R

These are the parasites that should learn what it is to live in fear.

[Kansas Wyatt]

16. We need the "Liberal Media" to run their pictures, titles, and salaries 24/7.

Oh that's right. It's really the Corporate Media that FAILS to inform the public.

They are only Death Merchants that deserve to die a slow painful death, then burn in Hell.

[onestepforward]

17. Great post. Sadly, the thirst of greed can never be quenched. n/t

[Merlot]

19. Blood money.

Just like war profiteers.

[crickets]

20. Too right. -nt

[SammyWinstonJack]

29. Yep and no one with the power to do so, does anything about this. Nothing Nada Niente

x(

[midnight]

22. Insurance co. prove that crime pays. If a parent prevented

medically neccessary treatment, they would be in prison.

[Overseas]

23. Kicking this and wishing Blue Dogs would answer the question

Would the US government pay the head of its public health insurance plan $30.6 million per year? No? Well, that's what Cigna paid its CEO, H. Edward Hanway.

Would the US government pay the head of its public health insurance plan $23,045,834? No? Well, that's what Aetna paid its CEO, Ronald A. Williams, in 2007.

Etcetera, on down the list.

[stilpist]

24. But at least there's no socialist rationing!!

Oh, wait ...

[DailyGrind51]

25. And, this does not even begin to include the money spent on lobbying and marketing!

Do you have to wonder why your premium is so high?

[BolivarianHero]

26. Disgusting...

This sort of shit would never fly in Europe or Japan.

[Generic Other]

27. Thank you for posting this

Makes me so mad.

[berni_mccoy]

28. Summing them up: $201.54 MILLION PER YEAR.

And those are just the CEOs. That doesn't count all the Executives (SVPs, VPs, CIOs, COOs, etc). All of that info is available, so maybe I'll go dig some of it up...

[tooeyeten]

30. Where's the list of what they are paying lobbyists to fight reform?

No wonder they need the money.

[Ilsa]

31. Those mfsob better hope no one decides to take their livers and

kidneys by force. I have a friend who needs a new kidney.

[SalviaBlue]

32. Thanks for posting this as a list. nt

[TexasObserver]

33. Recommend ... but I missed the deadline to have my vote count.