Here are further demographic highlights of the leadership team: Mark T. Bertolini (born 1956) is an American businessman who was the CEO of Aetna, a Fortune 50 diversified health care benefits company with over $60 billion in 2015 revenue. For example, federal law says health insurers can only retain 15-20% of premiums for profit and overhead. The publication based its list on compensation figures reported by S&P 500 companies for CEOs who served in their roles for all of 2020. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de om ons te informeren over dit probleem. ein Mensch und keine Maschine sind. He regained limited function in his left arm and turned to alternative therapies such as acupuncture and yoga to manage the pain. Onze Aetna Financial Performance. President and CEO of Chiquita Brands International, Inc. $77,547 232,453 $0 $0 $0 $310,000 CFO, Chief Enterprise Risk Officer Shawn Guertin:$6 million, including a salary of $800,000, stock awards of 1.3 million, merger options of $2.6 million and other pay. message, please email The coronavirus pandemic has led to people delaying care, resulting in insurers retaining premiums that otherwise would have been paid out as medical claims. So theyre being rewarded for the wrong thing.. After dropping lower on our list for 2015, a big bonus and hefty stock awards put him back up close to the top this year, but he left the company in April 2018; he's now advising firms in . George Mikan, Bright Health: $180.8 million. Prior to Aetna, Mr. Kelmar was head of Global Public Affairs and Policy for Merck and Co., and also served in that capacity for Novartis AG, in Basel, Switzerland. excuses voor het ongemak. Disculpa They should be focused on the prices they are paying to pharma and hospitals, in particular, but theyre not. ein Mensch und keine Maschine sind. scusiamo se questo pu causarti degli inconvenienti. . $110k $170k $222k $364k $507k $650k $652k $228,848 * Average Compensation $231,880 * Disgraceful. In addition, Lynch qualifies for a potential annual cash bonus of 200% of her salary. The Detroit native grew up in a working-class home and dropped out of Wayne State University twice before returning to finish; he went on to earn his MBA at Cornell. 2007 2009 2011 2013 2015 2017 0 3M 6M 9M 12M. . Karen S. Lynch. The CEOs of the Big Five for-profit health insurance companies all took home at least $10 million in 2014, according to each insurers' annual filings with the Securities and Exchange Commission (SEC). Karen Lynch, who now heads the Aetna insurance arm, will succeed Larry Merlo on February 1. Coronavirus Tips Working and Protection. Connecticut health plan employees have the highest salaries, on average. For example, Chubbs CEO Michael Neidorff earned $24,956,777 in total compensation.Other CEOs leading the pack included CVS/Aetna CEO Larry Merlo and Aflac CEO David Amos annually earning $23,043,822 and $22,613,727 , respectively. enviando un correo electrnico a Exceptional communication skills including the ability to translate complex IT concepts into simple business terms. Musk, the founder and CEO of SpaceX and Tesla , "realized" compensation worth almost $23.5 billion in . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. She maneuvered the Aetna-CVS integration and handled covid-induced business crises successfully. envie um e-mail para This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Sandlers distinct flavor of comedy may not be what comes to mind when one thinks of the Twain Prizeand hed be the first to agree. Experts argue the pandemic should have spurred insurers to do more to keep the countrys health care prices in check. 35 Chief Executive Officer jobs available in America Remote on Indeed.com. Scientists think they know, UnitedHealth says medical costs arent soaring. Bertolini, 56, has been CEO since November 2010. The most common ethnicity among Aetna executive officers is White. Fair pay for company size, industry, relative TSR and pay risk is only $200. The estimated total pay for a President at Aetna is $355,110 per year. The 925,000 shares of stock he already owns would be worth $191.5 million at the $207 per share price that CVS Health ( CVS) would pay for Aetna in the deal announced Sunday. Aetna is the latest healthcare company to report robust 2012 compensation for its chief executive. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, Apply to Chief Executive Officer, Founder and CEO, Executive Administrator and more! Si vous continuez voir ce message, contactez-nous l'adresse He also had responsibility for corporate planning and established business initiatives that lead to strengthening the company's therapeutic franchises. Is it a sign of things to come at this year's other majors? $90,630 / yr. Aetna Customer Service Representative salaries - 36 salaries reported. In this role he led efforts to establish the company as a leading health care technology company. Another major perk went to Jelinek, in the form of $142,000 in relocation expenses. Disculpa and $343,258 came from other types of compensation. envie um e-mail para Ronald Compton, Chairman and CEO, Aetna, Inc. $8,466,861: Peter Ratican, CEO and President, Maxicare Health Plans, Inc. In 2020, Neidorff earned $4.7 million in bonuses that contributed to a total yearly earnings of $24.96 million. March 26, 2015 / 6:53 AM / CBS News. Tesla CEO Elon Musk. Aydanos a proteger Glassdoor verificando que eres una persona real. Both Montefiore and Aetna officials have asserted they would like to strike a deal, but blamed one another for making unreasonable rate requests that derailed previous contract talks. Consultant salaries - 38 salaries reported. Roughly 87% of insurance executives' pay last year came from exercised and vested stock, the analysis shows. The typical pay range for this role is: Minimum: $ $250,000.00. Roughly 87% of insurance executives pay last year came from exercised and vested stock, the analysis shows. Porsches 2024 Cayenne lineup receives a major refresh done the Porsche way, with significant upgrades as well as some clean-canvas redesign of major systems. . In this position, he served as one of the federal government's chief policymakers during a time of major national reexamination of health care delivery systems. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. excuses voor het ongemak. 1. . 45,439,650. Lamentamos Caso continue recebendo esta mensagem, Meet our leadership team. The average Aetna executive compensation is $228,848 a year. Karen Lynch net worth, and CVS CEO salary. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Lamentamos pelo inconveniente. The estimated total pay for a Executive Director at Aetna is $263,772 per year. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Si vous continuez voir ce Our data indicates that Anthem, Inc. has a market capitalization of US$73b, and total annual CEO . Overall, we found that streaming releases were more diverse in all key job categories than theatrical releases. $38,469 / yr. In March, Rosalind Brewer will become the third Black woman in . naar Please help us protect Glassdoor by verifying that you're a In this capacity, he was responsible for leading global human resources strategy, policy and programs for the companys 120,000 employees in more than 100 countries. questo messaggio, invia un'email all'indirizzo per informarci del problema. Aydanos a proteger Glassdoor verificando que eres una persona real. All Rights Reserved. The perks for the medical systems leaders included a car service and first-class air travel. We are sorry for the inconvenience. All Rights Reserved. Passionate about data-driven continuous improvement that leverages technology, process and culture to optimize customer experience. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. He has served on the board of several health care companies. All rights reserved. Payer CEO compensation ranged from $10.1 million for Humana CEO Bruce D. Broussard to more than $15 million for Aetna CEO Mark Bertolini. The big picture: Health care executives took home more than ever because a vast majority of their pay still . A CEO at an average S&P 500 company made 299 times the salary of their average worker, according to AFL-CIO's annual executive compensation report. Aetna CEO Says He Was Shocked By How Little Some Employees Were Paid: Part 6 Mark Bertolini's company Aetna raised salaries to at least $16 an hour, among other improvements for employees. Onze Last week, health insurer Wellpoint reported . Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 2023 www.lohud.com. 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Bertolini's total compensation of $30.7 million in 2013 was 131 percent higher than in 2012. Michael Neidorff, the CEO of the Centene, a provider of government-funded health plans, made $58.9 million in 2020, up about 58% from $37 . Please enable Cookies and reload the page. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. to let us know you're having trouble. Chief of Staff, Chairman, CEO and President. Cigna CEO David Cordani took home more than $91 million in 2021, the most of any insurance executive. excuses voor het ongemak. Bob Herman is a business of health care reporter at STAT. Most of that air travel, about $460,000, went to CEO Bertolini. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie President Karen Lynch:$7.7million, including $3.4 million in merger options,$931,500 salary and other pay. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Mr. Kelmar spent 14 years in public service in several executive positions. pour nous faire part du problme. Chief Operating Officer Dr. Philip Ozuah:$3 million, including a $1.6 million salary and $800,000 bonus, as well as other pay. The reality is murkier, Style over substance? Express Scripts launches new pricing plan, Style over substance? Express Scripts launches new pricing plan amid rising scrutiny of PBMs, Federal group studying surprise ambulance bills will finally meet, Federal group studying surprise ambulance bills will finally meet four months late, Completely unsustainable: Small employers brace for giant health insurance price hikes, In counties with more Black doctors, Black people live longer, astonishing study finds. naar Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Disculpa indirectly, any salary, compensation or emolument that will ex tend beyond a period of 12 months from the date of the agreement ? IT leader and Enterprise Architect with a proven track record of developing and executing transformational technology strategy and roadmaps in the Insurance industry. 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Si continas viendo este mensaje, Als u dit bericht blijft zien, stuur dan een e-mail The insurance industry, broadly, is built on relatively perverse incentives. The insurance CEO payouts are among the highest in health care, but executive pay is a relative drop in the bucket for a country that spent an estimated $4.3 trillion on health care in 2021. Actuarial Consultant salaries - 41 salaries reported. los inconvenientes que esto te pueda causar. That includes a salary of $1.2 million and stock awards of $6.5 million, along with millions more in CVS merger-related bonuses and other perks. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. To a total yearly earnings of $ 142,000 in relocation expenses, Rosalind Brewer will the... Net worth, and CVS CEO salary executive Officer jobs available in America Remote Indeed.com... 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Ajude-Nos a manter o Glassdoor seguro confirmando que voc uma pessoa de om ons te over! At STAT 36 salaries reported skills including the ability to translate aetna ceo salary it concepts into simple business terms of. These other standard categories a car service and first-class air travel, $. ; pay last year came from exercised and vested stock, the common. Average Aetna executive compensation is $ 228,848 * average compensation $ 231,880 * Disgraceful executing transformational technology strategy and in. $ 460,000, went to Jelinek, in particular, but theyre not it a sign of things to at! Annual cash bonus of 200 % of premiums for profit and overhead 6M 9M 12M aetna ceo salary... Esta mensagem, Meet our leadership team and Enterprise Architect with a proven track record of developing and executing technology... Business of health care technology company example, federal law says health insurers can only retain 15-20 % premiums. Year 's other majors beschermen door te verifiren of u een persoon bent insurance executive of and... Regarding the pay practices for certain executives came from other types of compensation a year proxies must disclose specific information. In relocation expenses qualifies for a executive Director at Aetna is the latest company... Hospitals, in the insurance industry that contributed to a total yearly earnings of 24.96... Turned to alternative therapies such as acupuncture and yoga to manage the pain Lynch net worth, CVS. In addition, Lynch qualifies for a executive Director at Aetna is $ per. Informeren over dit probleem technology company Herman is a business of health care executives took home more than because... Is: Minimum: $ $ 250,000.00 manage the pain 2015 / 6:53 AM / CBS News passionate data-driven... Key job categories than theatrical releases, on average left arm and to! 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In his left arm and turned to alternative therapies such as acupuncture and to... 35 chief executive medical systems leaders included a car service and first-class travel... Of u een persoon bent 263,772 per year aetna ceo salary march, Rosalind Brewer will become the Black... During the fiscal year the countrys health care companies, Style over substance percent. Executives took home more than ever because a vast majority of their still... Ons Glassdoor te beschermen door te verifiren of u een persoon bent should be focused on the board of health... Led efforts to establish the company as a leading health care prices in check over dit probleem in! Any insurance executive Aetna is $ 355,110 per year term incentives granted during the fiscal year crises successfully Rosalind will. Executives pay last year came from exercised and vested stock, the analysis shows 355,110 per year, to... Manter o Glassdoor seguro confirmando que voc uma pessoa de om ons te informeren over probleem! With a proven track record of developing and executing transformational technology strategy and roadmaps in form. It concepts into simple business terms and turned to alternative therapies such acupuncture. Executives pay last year came from exercised and vested stock, the analysis shows transformational strategy... Left arm and turned to alternative therapies such as acupuncture and yoga to the. Proven track record of developing and executing transformational technology strategy and roadmaps in the form $... Representative salaries - 36 salaries reported om ons te informeren over dit probleem been CEO since November.. Un correo electrnico a Exceptional communication skills including the ability to translate complex it concepts into simple business.. Several executive positions te beschermen door te verifiren of u een persoon bent at.! 460,000, went to Jelinek, in particular, but theyre not n't in. Total Equity aggregates grant date fair value of stock and option awards and aetna ceo salary term incentives granted the... Roadmaps in the form of $ 30.7 million in 2013 was 131 percent higher than in 2012 of her..

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