7 HEALTH INSURANCE CEOs REAPED $135 MILLION IN 2022

April 25, 2023 -Durt Fibo

From Al Capone to Joseph Zubretsky (of Molina Healthcare), the uniquely American model of protection rackets continues to wring profits from the most helpless.

Based on regulatory filings available from the Securities and Exchange Commission, here below is a list of the 2022 compensations of the top seven ‘healthcare’ kingpins in the U.S. This only includes salaries, bonuses, stock and option rewards and all other reported compensation. The list does not included unofficial quid pro quos or other beneficial favors not filed with the SEC.

  1. Joseph Zubretsky, Molina Healthcare

    • Salary: $1,500,000

    • Stock awards: $14,999,868

    • Non-equity incentive plan: $5,550,000

    • Other compensation: $81,388

    • TOTAL: $22,131,256

  1. Karen Lynch, CVS Health

    • Salary: $1,487,500

    • Stock awards: $12,374,946

    • Option awards: $4,124,984

    • Non-equity incentive plan: $2,975,000

    • Other compensation: $354,625

    • TOTAL: $21,317,055

  1. David Cordani, Cigna

    • Salary: $1,500,000

    • Stock awards: $12,644,278

    • Option awards: $2,900,029

    • Non-equity incentive plan: $3,600,000

    • Other compensation: $321,197

    • TOTAL: $20,965,504

  1. Gail Boudreux, Elevance Health

    • Salary: $1,600,000

    • Stock awards: $11,100,128

    • Option awards: $3,699,929

    • Non-equity incentive compensation: $3,840,000

    • Other compensation: $691,024

    • TOTAL: $20,931,081

  1. Andrew Witty, UnitedHealth Group

    • Salary: $1,500,000

    • Stock awards: $12,375,672

    • Option awards: $4,125,100

    • Non-equity incentive compensation: $2,760,000

    • Other compensation: $104,334

    • TOTAL: $20,865,106

  1. Bruce Broussard, Humana

    • Salary: $1,349,465

    • Stock awards: $9,638,547

    • Option awards: $2,785,410

    • Non-equity incentive plan compensation: $2,785,410

    • All other compensation: $353,028

    • TOTAL: $17,198,844

  1. Sarah London, Centene

    • Salary: $1,359,038

    • Stock Awards: $7,624,974

    • Non-equity incentive plan compensation: $4,041,866

    • Other compensation: $220,569

    • TOTAL: $13,246,447