"Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all."
--------------------
The report shows that the top-five managed care executives received the following compensation in 2000, exclusive of unexercised stock options: William McGuire (CEO of UnitedHealth Group): $54.1 million Wilson Taylor (Retired Chairman, CIGNA): $24.7 million Ronald Williams (Executive Vice President, WellPoint): $13.2 million William Donaldson (Chairman, Aetna): $12.7 million Leonard Schaeffer (Chairman and CEO, WellPoint): $11.1 million According to the Families USA report, the five executives with the highest amount of unexercised stock options at the end of 2000 were: William McGuire (CEO, UnitedHealth Group): $357.9 million Stephen Hemsley (President and COO, UnitedHealth Group): $144.9 million Norman Payson (Chairman and CEO, Oxford Health Plans): $115.4 million Wilson Taylor (Retired Chairman, CIGNA): $66.1 million Leonard Schaeffer (Chairman and CEO, WellPoint): $64.6 million "The managed care industry is increasing premiums at 10, 12, 15 and even higher percentages per year and is lavishing large compensation packages on its top executives http://www.azinjurycenter.com/CM/Custom/
Source
No comments:
Post a Comment