Fun with Math & Healthcare

'06-'07 Health Insurance CEO Compensation (stats aren't in yet for '08)


AETNA's CEO, Ron Williams = $23,045,834 http://www.sec.gov/Archives/edgar/data/1122304/000095012308004369/y53278dpdef14a.htm#129

CIGNA's CEO, H. Edward Hanway = $25,839,777 http://www.sec.gov/Archives/edgar/data/701221/000104746908003139/a2183837zdef14a.htm

COVENTRY HEALTH CARE's Dale Wolf = $14,869,823 http://www.sec.gov/Archives/edgar/data/1054833/000095013308001440/w51967def14a.htm

HEALTH NET's Jay Gellert = $3,686,230 http://www.sec.gov/Archives/edgar/data/916085/000119312508072805/ddef14a.htm#toc81035_11

HUMANA's Michael McCallister = $10,312,557 http://www.sec.gov/Archives/edgar/data/49071/000119312508052269/ddef14a.htm#toc36536_8

UNITED HEALTH GROUP's Stephen Helmsley = $13,164,529 http://www.sec.gov/Archives/edgar/data/49071/000119312508052269/ddef14a.htm#toc36536_8

WELL POINT's Angela Braly *(Larry Glasscock held pos in '06, his comp in '06 = $23, 886, 169) = $9,094,271 http://www.sec.gov/Archives/edgar/data/1156039/000119312508074752/ddef14a.htm#tx31542_104

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"... If basic insurance costs $8,000/year for a family then taking 10% from just these CEO salaries [see full list of 23 referenced '05 CEO salaries at: http://blogs.webmd.com/mad-about-medicine/2007/08/ceo-compensation-who-said-healthcare-is.html ] would insure 35,000 Americans a year for five years*. That is a lot of people that can be helped just by 23 men..."

Ira Kirschenbaum, MD (formerly with WebMD & now retired)



*5 years - as of 2005 - adjust ALL numbers, including compensation figures, upwards for current year