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PROFITS AND PAY
8 years ago
PROFITS AND PAY Some critics say their mistrust of health benefits companies stems from the profits they reap and the compensation they provide their top executives. Here's a look at the financial details of the nation's top health insurers: WELLPOINT 2006 revenue: $56.95 billion 2006 net income: $3.1 billion Chief executive Larry C. Glasscock 2005 salary: $1.2 million 2005 bonus: $3.4 million 2005 stock options/grants: 400,000 shares UNITEDHEALTH GROUP 2006 revenue: $71.7 billion 2006 net income: $4.174 billion Chief executive Stephen J. Hemsley 2005 salary: $1 million 2005 bonus: $2.4 million 2005 stock options/grants: 600,000 shares AETNA 2006 revenue: $25.1 billion 2006 net income: $1.7 billion Chief executive Ronald A. Williams 2005 salary: $1 million 2005 bonus: $1.7 million 2005 stock options/grants: 744,412 shares CIGNA 2006 revenue: $16.5 billion 2006 net income: $1.16 billion Chief executive H. Edward Hanway 2005 salary: $1.05 million 2005 bonus: $3 million 2005 stock options/grants: 136,430 shares HUMANA 2006 revenue: $21.42 billion 2006 net income: $487.42 million Chief executive Mike McCallister 2005 salary: $858,611 2005 bonus: $1.3 million 2005 stock options/grants: 250,000 shares Sources: SEC filings; company reports. http://www.indystar.com/apps/pbcs.dll/article?AID=/20070225/BUSINESS/702250368
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