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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 Stock Options at Publicly Traded Managed Care Firms*

Name/Title

Company

Number of Stock Options Granted in 2007

Exercise Price
per Share

Closing Stock Price on May 8

Stephen Hemsley, President/CEO

UnitedHealth Group

0

$54.41

$33.00

George Mikan III, Executive Vice President (EVP),  Chief Financial Officer (CFO)

250,000

$54.41

Angela Braly, President/CEO (as of June 2007)

WellPoint, Inc.

413,333

$80.81

$52.51

Wayne S. DeVeydt, CFO, EVP

75,200

$81.07

H. Edward Hanway, Chairman/CEO

CIGNA Corp.

223,125

$46.90

$41.17

Michael Bell, EVP/CFO

77,283

$46.90

Ronald Williams, Chairman/ CEO

Aetna Inc.

706,124

$42.57

$43.53

Mark Bertolini, President (as of May 2007)

456,780

$42.57

Jay Gellert, President/CEO

Health Net, Inc.

0

$54.50

$28.10

James Woys, EVP/Chief Operating Officer (COO)

32,500

$54.50

Michael McCallister, President/CEO

Humana Inc.

129,758

$62.10

$40.08

James Murray, COO

67,042

$62.10

Dale Wolf, CEO

Coventry Health Care, Inc.

225,000

$60.01

$44.98

Thomas McDonough, President

125,000

$60.01

Robert Pollock, President/CEO

Assurant, Inc.

132,350

$53.48

$65.54

Michael J. Peninger, EVP/ Interim CFO

32,450

$53.48

J. Mario Molina, M.D., President/CEO

Molina Healthcare, Inc.

36,000

$31.32

$24.89

John Molina, CFO

36,000

$31.32

James Carlson, President/ CEO

AMERIGROUP Corp.

63,220

$32.74

$25.25

Jeffrey McWaters, Chairman/ former CEO

162,816

$32.74

Ramón M. Ruiz-Comas, President/CEO

Triple-S Management Corp.

465,517

$14.50

$17.80

Socorro Rivas-Rodríguez, President, Triple-S, Inc.

155,172

$14.50

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. HealthSpring, Inc. and Centene Corp. were omitted because the companies did not grant options to their top two highest-paid executives in 2007. 

*The table includes both the top-ranked executive and the second-highest-paid health plan executive for each company on the basis of salary.

SOURCE AND METHODOLOGY: Compiled by Atlantic Information Services, Inc. from company proxy statements.



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