How much do health insurance parasites cost?

Thu, 06/18/2009 - 1:29am — DCblogger

Digby links this excellent reporting on the pay for parasites:

* United Health Group
CEO: William W McGuire
2005: 124.8 mil
5-year: 342 mil

* Forest Labs
CEO: Howard Solomon
2005: 92.1 mil
5-year: 295 mil

* Caremark Rx
CEO: Edwin M Crawford
2005: 77.9 mil
5-year: 93.6 mil

* Abbott Lab
CEO: Miles White
2005: 26.2 mil
5-year: 25.8 mil

* Aetna
CEO: John Rowe
2005: 22.1 mil
5-year:57.8 mil

* Amgen
CEO: Kevin Sharer
2005:5.7 mil
5-year:59.5 mil

* Bectin-Dickinson
CEO: Edwin Ludwig
2005: 10 mil
5-year:18 mil

* Boston Scientific
CEO:
2005:38.1 mil
5-year:45 mil

* Cardinal Health
CEO: James Tobin
2005:1.1 mil
5-year:33.5 mil

* Cigna
CEO: H. Edward Hanway
2005:13.3 mil
5-year:62.8 mil

* Genzyme
CEO: Henri Termeer
2005: 19 mil
5-year:60.7 mil

* Humana
CEO: Michael McAllister
2005:2.3 mil
5-year:12.9 mil

* Johnson & Johnson
CEO: William Weldon
2005:6.1 mil
5-year:19.7 mil
note - this parasite sits on the board of both J&J and JP Morgan Chase and he is dumping stock of BOTH companies

* Laboratory Corp America
CEO: Thomas MacMahon
2005:7.9 mil
5-year:41.8 mil

* Eli Lilly
CEO: Sidney Taurel
2005:7.2 mil
5-year:37.9 mil

* McKesson
CEO: John Hammergen
2005: 13.4 mil
5-year:31.2 mil

* Medtronic
CEO: Arthur Collins
2005: 4.7 mil
5-year:39 mil

* Merck Raymond Gilmartin
CEO:
2005: 37.8 mil
5-year:49.6 mil

* PacifiCare Health
CEO: Howard Phanstiel
2005: 3.4 mil
5-year: 8.5 mil

* Pfizer
CEO: Henry McKinnell
2005: 14 mil
5-year: 74 mil

* Well Choice
CEO: Michael Stocker
2005: 3.2 mil
5-year: 10.7 mil

* WellPoint
CEO: Larry Glasscock
2005: 23 mil
5-year: 46.8 mil

* Wyeth
CEO: Robert Essner
2005:6.5 mil
5-year: 28.9 mil

DCblogger's blog
Login or register to post comments

Comments

Another good list

By splashy9 on Thu, 06/18/2009 - 3:55am

Which just might prove useful in the future. Thanks.

—

"A little knowledge is a dangerous thing. So is a lot." - Albert Einstein

Compare malpractice claims to CEO's pay

By Salmo on Thu, 06/18/2009 - 9:32am

I have not independently verified this, but I recall a conversation a couple of years ago in which an authoritative source claimed that the 2004 malpractice awards in MN were about a 10th of the annual pay of the top four executives in the state's largest health insurers that year (about 24 million and 240 million respectively).

that sounds plausible

By hipparchia on Fri, 06/19/2009 - 7:49pm

public citizen on trends in medical malpractice awards

Help Corrente ...

... keep the heat on!

Subscribe to make a monthly payment and keep the hamsters who keep the mighty servers turning in kibble.

No PayPal Account required! Thank you!

Search

Today in Health Care Reform

Recent blog posts

I know that feeling
1 hour 23 min ago
Sigh. I’ve started to wonder if
1 hour 30 min ago
wow
1 hour 42 min ago
"bold, persistent experimentation..."
1 hour 42 min ago
You Tube has the Ally Bank ads with the smarmy salesperson
1 hour 50 min ago
BHIP PPP* -- Thanks a lot, Dems. NOT!
2 hours 10 min ago
One sided debates in this country? Just like run up to Iraq....
2 hours 12 min ago
Gotta hand it to our Dem prez--he sure set the parameters on
2 hours 14 min ago
A very popular mental template,
2 hours 17 min ago
Several issues have enormous appeal in black communities
2 hours 17 min ago

I support Americans United for Separation of Church and State.

Per capita health care spending (2007):

United States: $7290
Switzerland: $4417
France: $3601
United Kingdom: $2992
Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581

-- Bob Somerby

The text of HR676 (Medicare For All) as PDF (30 pages). The FAQ. Compare HR3200 with HR676.

Medicare for All would save $350 billion a year (study in New England Journal of Medicine).

In 2003, a young Illinois state senator named Barack Obama told an AFL-CIO meeting, "I am a proponent of a single-payer universal healthcare program*." -- Bill Moyers.

* Medicare For All.

Random Links

[Advertising]

Contact lambert_strether [dot] corrente [at] yahoo [dot] com (lambert strether) for all your pony needs. Overt and covert displays of realism ("cynicism") available at customer option.

Chat box

13:57:03 brucedixon I think my colleague Glen Ford is writing on it this week in BAR so I will just co-sign whatever he says.
22:03:36 Valley Girl I'd sure like Bruce Dixon's take on the Conyers comments. Just emailed him.
21:03:43 lambert Thanks, Jeff.
18:16:03 Jeff W lambert, I wrote to NOW about that Elizabeth Warren video not playing and got a response of sorts back, which I sent to you as a private PM. Just FYI.
02:28:28 hipparchia the first thing they told us my volunteer training: humans are natural born rescuers.
00:18:34 lambert One more study... [url]
23:57:37 lambert Joe Bageant is god. [url]
01:00:54 lambert The actuary was a whistleblower under Bush, too. [url]
00:47:48 hipparchia that's ok, jason stands ready to help smear the actuary quoted in that wapo article [url]
23:16:16 lambert Elders under the bus on Medicare, naturally. [url]
20:11:01 lambert 19:49:09 +100
20:10:18 lambert Capitalism in a world where we will throw as many taxpayers under the bus as necessary....
19:49:09 hipparchia elizabeth warren for president!
02:24:14 Jeff W Elizabeth Warren on the economy on PBS's NOW: you can watch it online here: [url] "If [Congress] gets it wrong, the country we knew is gone."
17:52:53 Davidson So, of course they're not going to show the truth about boxing her in from the beginning.
17:51:57 Davidson Yeah, that was just a comment in general, like, "Not even the RBC decision warranted scrutiny."
15:38:02 lambert That's not the RBC meeting, though. That's the smoking gun, beyond "Smart politics" (Wolfson).
14:17:16 Davidson Notice how everyone still avoids exposing the RBC decision
14:16:04 Davidson Can someone do a post on this? [url]
10:04:26 lambert Jeff, thanks. Fixed.

Senior fellows of The Mighty Corrente Building

Leah (CA), Lambert (PA/ME), RDF (??), Sarah (TX), BDBlue (DC), Hipparchia (FL), MsExPat (NY).

Corresponding fellows

danps.

Correspondents

Health care reform: DCBlogger.

Fellows emeritus

mjs, Riggsveda, Tresy, Tom, hekebolos, chicagodyke, shystee, and Xenophon, Vastleft (MA).

Subscribe to Corrente feeds today!

Front page

leah

lambert

RDF

mjs

Sarah

Random term

Equivalate

1. To assuume that competing sides, especially political parties, are equally extreme, equally guilty, etc. 2. To treat a dubious position as arguably equivalent to a legitimate one.(Vast Left) Usage example: Joe Klein equivalates by comparing Rush to Markos.

Corrente