Posts Tagged ‘Plan’
(Reuters) – Human Genome Sciences Inc said on Thursday it had adopted a stockholder rights plan as the biotechnology company defends itself against a $ 2.6 billion hostile takeover bid by drugmaker GlaxoSmithKline Plc.
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US NEWS MAGAZINE HOSPITALS HEALTHCARE STEM CELL OBAMA
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How to Break Bad News: A Guide for Health Care Professi
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US NEWS MAGAZINE HOSPITALS HEALTHCARE STEM CELL OBAMA
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How to Break Bad News: A Guide for Health Care Professi
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Washington, DC (PRWEB) April 20, 2012
With more than $ 9.3 million in non-equity incentive pay, Cigna Corp. CEO David Cordani had the highest total compensation package of any publicly traded health insurer CEO in 2011, according to Health Plan Weeks (HPW) annual analysis of proxy statements filed in March and April with the Securities and Exchange Commission.
According to Cignas proxy statement, Cordani raked in just over $ 19 million, a 25.4% increase from his 2010 compensation. That year, he ranked No. 2 in total compensation among publicly traded health plan operators. While his 2011 salary remained unchanged at $ 1 million, Cordani earned $ 5.8 million in stock awards, $ 2.6 million in option awards and $ 9.3 million in non-equity incentive compensation.
Cigna based 91% of Cordanis 2011 target pay on performance, Cigna spokesperson Gloria Barone Rosanio tells HPW, adding that the compensation was within the competitive range of other large health insurers. The structure of Cordanis pay package demonstrates how health plan executives are receiving a growing percentage of their compensation through incentive-based pay, a change that is leaving insurers open to criticism as premiums go up for members.
Go to http://aishealth.com/archive/nhpw041612-01 to read this article in its entirety, which also includes a table detailing the total compensation for 11 health plan CEOs in 2011. The table shows that most other health plan CEOs also saw their compensation rise in 2011.
Health Plan Week is the nations #1 source of timely, objective business, financial and regulatory news of the health insurance industry. Published since 1991, the 8-page weekly features valuable insights and strategies for health plan managers and others who must monitor the activities and performance of health insurers. Coverage includes new benefit designs and underwriting practices, new products and marketing strategies, mergers and alliances, financial performance and results, Medicare and Medicaid opportunities, disease management, and the flood of reform-driven regulatory initiatives including medical loss ratios, exchanges, ACOs and myriad benefit design changes that are mandated.
About AIS
AIS develops highly targeted news, data and strategies for managers in hospitals, health plans, medical group practices, pharmaceutical companies and other health care organizations. Learn more at http://www.AISHealth.com.
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COLIN POWELL 9/93 U.S. News CLINTON HEALTH CARE PLAN
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How to Break Bad News: A Guide for Health Care Pro
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MAY 3 1971 U.S. NEWS magazine HEALTH CARE - STOCK BOOM
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How to Break Bad News: A Guide for Health Care Professionals, Robert Buckman, Yv
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Obese Americans in the military are a national security hazard and first lady Michelle Obama wants to see that change.
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Obese Americans in the military are a national security hazard and first lady Michelle Obama wants to see that change.
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Business leaders urge Cuomo to separate budget proposal, insurance plan
But Karen Scharff, executive director Citizen Action of New York, an advocacy organization, said separating the health insurance exchange legislation out as a standalone bill would delay the process. "We support inclusion of the health care exchange in …
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Two sides battle over proposed health exchange ban
All of them mingled in a crowded House Commerce Committee meeting to testify on a bill that would bar the state from having anything to do with creating a health exchange under the federal health care reform law. Under House Bill 1297, "agencies, …
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Gov. Corbett enabling Obamacare
Despite the majority of citizens favoring repeal of this catastrophic "reform" bill, Corbett plans, with the approval of the Republican-controlled Legislature, to facilitate Obamacare in Pennsylvania by establishing a PPACA-compliant health care …
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Health Care Plan in Comic Book Form
How It Works," the cartoon-style primer was written by MIT economist Jonathan Gruber, who helped design Massachusetts' state health plan and advised Congress and the Obama administration on the Affordable Care Act, and illustrated by comic artist …
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Learn about senior health benefits
… a nonprofit health care education group, will hold an informational session to highlight the preventative care benefits now available free to seniors under the Affordable Care Act. The meeting will be held at 9:30 am Thursday at the Marathon County …
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Medicare recipients benefit from the Affordable Health Care Act
But I suspect that, to her surprise, she'll be upset if the Affordable Care Act he signed in 2010 goes with him. That's because, like many Medicare recipients, she's not quite sure what it entails. But even so, she's enjoying many of its stipulations. …
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- beginning in 2012 the new healthcare law requires businesses to send form 1099s for every businessto-business transaction of $600 or more for both property and services – creating a tremendous newpaperwork compliance burden for small business
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