Health Insurance Salary Survey – 10 companies, C-level, Underlying Data Available

Simply for my own edification, I spent a little time and looked at the SEC filings for the top 10 US publicly-traded health insurers, by market capitalization, to produce a C-level compensation survey. Here is the underlying data, publicly available on Google Spreadsheets.

These companies were included: UnitedHealth, WellPoint, Aetna, CIGNA, Humana, Coventry, Health Net, Amerigroup, Magellan and WellCare.

“Compensation” in this context is the total amount from the “Summary Compensation Table”, which includes salary, bonus, share awards, option awards, non-equity incentive plan compensation, change in pension value, and whatever else they decide to include in that table.

Chief Executive Officer (CEO): 25th percentile = $5.4 million ; Median = $6.6 million ; 75th percentile = $12.1 million

Chairman: 25th = $7.2m ; Median = $15.3m ; 75th = $17.9m

Chief Operating Officer (COO): 25th = $2.2m ; Median = $2.7m ; 75th = $3.1m

President: 25th = $3.6m ; Median = $6.5m ; 75th = $8.9m

Chief Financial Officer (CFO): 25th = $1.8m ; Median = $4.0m ; 75th = $6.9m

If someone held more than one slot, I included them in all applicable slots. Have fun!

(This post is also reachable from InsuranceSalarySurveys.com, which includes Life Insurance, Property & Casualty Primary Insurance, and Property & Casualty Reinsurance salary surveys.)

*As seen in the American Academy of Actuaries’ Contingencies magazine.

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