Corrente

If you have "no place to go," come here!

Today’s single payer post: corporate news edition

DCblogger's picture

UnitedHealth CEO paid $13.1M in 2007

UnitedHealth Group Inc. CEO Stephen Hemsley received compensation valued at $13.1 million in 2007, down from the $15.5 million he got in 2006.

According to documents filed with the SEC, Hemsley received a base salary of $1.3 million in 2007, up from $1 million in 2006. He also got stock options awards valued at $8.1 million in 2007, less than the $11.3 million he got in 2006.

His compensation also included $3.6 million in cash incentives, up from $2.8 in the previous year.

Yes, that is the same UnitedHealth that is being investigated by NY AG Cuomo.

Cigna wants Doctor’s to adopt an email culture.

WellPoint Profit Falls 25% on Claims for the Elderly

April 23 (Bloomberg) -- WellPoint Inc., the U.S. health insurer with the most customers, said profit plummeted 25 percent, the first quarterly decline in three years, on higher- than-expected claims in Medicare-backed plans for the elderly.

Net income in the first quarter dropped to $588.1 million, or $1.07 a share, the Indianapolis-based company said today in a statement. Profit fell short of analyst expectations, and WellPoint reduced its earnings goal for the second time in six weeks. The company initially fell in New York trading, then increased the most in almost 3 1/2 years after executives told investors they are moving ``aggressively'' to make changes.

Health Plan Earnings Preview: First Quarter 2008 Goes Down As Worst Single Quarter In 11 Years, Equities Analysts Say

It won’t be long before they are begging for a government takeover.

0
No votes yet

Comments

amberglow's picture
Submitted by amberglow on

could be persuaded to run healthcare here for us? like they do overseas?

Submitted by PA_Lady on

My ex has United Healthcare through his employer, which covers our two kids under 19. Before taking our daughter to a new doc, he called and made sure the doc was covered, the doc's clinic was covered, etc. etc.

On the 2nd appt. two weeks ago, the office clerk tells me there's a $132 balance. I assumed her insurance just hadn't paid yet. Wrong. Her bill was $176. UHC paid $44.

Oh gee whiz. Who would ever want universal healthcare? *snort*

Submitted by hipparchia on

the insurance companies are already doing a lousy job protecting patients' privacy, and now they want us to put our medical information out there into e-mail hell, where the government and the telcos and google and our ISPs are all already collecting and storing our e-mails, internet browsing, etc...

i would love to be able to e-mail back and forth with my doctors, but not with all those goons reading over my shoulder.