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Company Intelligence
Reprinted from the May 12, 2008, issue of HEALTH PLAN WEEK (formerly Managed Care Week), the industry's leading source of business, financial
and regulatory news of health plans, PPOs, and POS plans.
2007 Executive Compensation at Publicly Traded Managed
Care Firms* |
Name/Title |
Company |
Annual Salary |
Stock Awards1 |
Option Awards1 |
Bonus2 |
Other Annual
Compensation |
Stephen Hemsley, President/CEO |
UnitedHealth Group |
$1,300,000 |
$0 |
$8,134,691 |
$0 |
$94,838 |
George L. Mikan III, Executive Vice President (EVP),
Chief Financial Officer (CFO) |
$650,000 |
$0 |
$3,224,258 |
$0 |
$71,874 |
Angela Braly, President/CEO |
WellPoint, Inc. |
$922,269 |
$2,160,159 |
$5,240,149 |
$588,311 |
$179,677 |
Wayne S. DeVeydt, CFO/EVP |
$515,862 |
$1,083,855 |
$1,412,971 |
$215,424 |
$80,240 |
H. Edward Hanway, Chairman/CEO |
CIGNA Corp. |
$1,110,000 |
$452,886 |
$4,626,316 |
$17,999,970 |
$32,021 |
Michael Bell, EVP/CFO |
$600,577 |
$12,974 |
$1,209,445 |
$4,950,000 |
$1,327 |
Ronald Williams, Chairman/ CEO |
Aetna Inc. |
$1,095,785 |
$5,309,197 |
$12,887,276 |
$1,900,000 |
$104,162 |
Mark Bertolini, President (as of May 2007) |
$711,847 |
$705,020 |
$2,764,762 |
$889,884 |
$26,317 |
Jay Gellert, President/CEO |
Health Net, Inc. |
$1,180,769 |
$1,425,243 |
$949,406 |
$0 |
$130,812 |
James Woys, EVP/Chief Operating Officer (COO) |
$622,132 |
$1,164,683 |
$568,495 |
$0 |
$118,258 |
Michael Neidorff, Chairman/CEO |
Centene Corp. |
$1,000,000 |
$3,977,009 |
$2,296,518 |
$0 |
$477,224 |
William Scheffel, EVP, Specialty Business Unit |
$510,000 |
$350,000 |
$107,571 |
$0 |
$26,362 |
Michael McCallister, President/CEO |
Humana Inc. |
$973,558 |
$0 |
$2,438,685 |
$1,950,000 |
$511,321 |
James Murray, COO |
$629,423 |
$0 |
$1,262,294 |
$945,000 |
$220,254 |
Dale Wolf, CEO |
Coventry Health Care, Inc. |
$925,000 |
$1,688,743 |
$7,846,664 |
$3,821,226 |
$588,190 |
Thomas McDonough, President |
$885,000 |
$1,718,203 |
$3,289,535 |
$1,255,907 |
$232,518 |
Robert Pollock, President/CEO |
Assurant, Inc. |
$850,000 |
$344,320 |
$1,221,758 |
$791,917 |
$158,654 |
Michael J. Peninger, EVP/ Interim CFO |
$470,000 |
$102,216 |
$377,140 |
$658,000 |
$150,470 |
J. Mario Molina, M.D., President/CEO |
Molina Healthcare, Inc. |
$775,000 |
$0 |
$594,079 |
$117,082 |
$10,728 |
John Molina, CFO |
$700,000 |
$0 |
$594,079 |
$28,473 |
$26,113 |
James Carlson, President/ CEO |
AMERIGROUP Corp. |
$608,086 |
$81,042 |
$349,652 |
$1,976,250 |
$7,053 |
Jeffrey McWaters, Chairman/ former CEO |
$621,710 |
$853,013 |
$3,835,139 |
$2,664,857 |
$12,658 |
Herbert Fritch, President/CEO |
HealthSpring, Inc. |
$737,500 |
$0 |
$221,783 |
$0 |
$7,875 |
Gerald Coil, EVP/ COO |
$392,564 |
$0 |
$168,652 |
$0 |
$49,113 |
Ramón M. Ruiz-Comas, President/CEO |
Triple-S Management Corp. |
$541,500 |
$51,370 |
$51,301 |
$431,000 |
$91,924 |
Socorro Rivas-Rodríguez, President, Triple-S, Inc. |
$395,700 |
$17,123 |
$17,100 |
$325,400 |
$65,908 |
Editor’s note: WellCare Health Plans, Inc. was omitted
from this table because it has delayed reporting full financial and operating
data for 2007 in light of an ongoing investigation by federal and state
agencies.
*The table includes both the top-ranked executive and the
second-highest-paid health plan executive for each company, on the basis of
salary.
1Reflects the company’s estimated fair value
related to options and awards granted in 2007 and prior years.
2Includes non-equity incentive plan
compensation.
SOURCE AND METHODOLOGY: Compiled by Atlantic Information
Services, Inc. from company proxy statements. |
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