Top Execs At “Big Five’’ Health Insurers Each Pull In Millions
Health care reform, new Wall Street regulations and outrage over large pay packages are likely to put pressure on compensation for health insurance executives. But it doesn’t seem to have happened yet. The highest-paid executive at each of the “Big Five’’ health insurers – UnitedHealth Group, Aetna Inc., WellPoint Inc., Humana Inc. and Cigna Corp. – made more than $8 million in 2012, according to filings this spring with the Securities and Exchange Commission. The CEO of EmblemHealth Inc., a nonprofit that owns ConnectiCare, also had total compensation at that level in 2011, the last year for which information is available.