Wednesday, June 12, 2013

Insurance executives salaries excessive


The CEO of Wellpoint, owner of Anthem, was the highest paid insurance executive last year at $20.6 million according to an analysis by C-HIT. Despite complaints about ACA and Wall Street regulations, salaries for the top five executives at the five largest insurers ranged from $21 to $47 million. Health care executives are the highest paid across industries. Advocates and providers called for compensation reforms to control health care costs and align incentives to reward quality care, not care denials.