Navigation Links
The AIS Report on Blue Cross and Blue Shield Plans Ranks 35 Blues Plan CEOs’ Compensation; Finds Modest Salary Gains, Substantial Bonuses
Date:8/14/2013

Washington, DC (PRWEB) August 14, 2013

In its annual review of executive compensation based on data gathered from state insurance departments, The AIS Report on Blue Cross and Blue Shield Plans* reports in its recently published August 2013 issue relatively modest salary increases between 2011 and 2012 for Blues plan CEOs, but many of them took home substantially larger bonuses and other forms of compensation. Current and departing CEOs from the 35 Blues plans analyzed collectively earned about $120 million in total compensation in 2012 — up nearly 30% from $93 million in 2011.

Some of the largest compensation increases, The AIS Report found, were for nonprofit Blues plan CEOs in Nebraska (104%), Alabama (74%) and New Jersey (64%). But not all Blues plan CEOs took home fatter paychecks in 2012. Some saw double-digit decreases from the prior year. After a near-20% total compensation increase between 2010 and 2011, Wellmark, Inc. CEO John Forsyth’s total compensation fell about 16% in 2012. Cigna Corp.’s CEO David Cordani saw a 33% decrease in salary in 2012 to $12.9 million because of a more than $7 million drop in incentive compensation.

CEOs of at least eight Blues plans retired or resigned in 2012, with many of them taking generous compensation packages. Former WellPoint, Inc. CEO Angela Braly, who resigned last August, took home more than $19.4 million in compensation on top of her $1.2 million salary in 2012 — a 55% increase from her 2011 compensation.

Visit http://aishealth.com/archive/nblu0813-01 to read the article in its entirety, which also includes a table of top Blue Cross Blue Shield Plan executives ranked by total 2012 compensation.

About The AIS Report on Blue Cross and Blue Shield Plans
The AIS Report on Blue Cross and Blue Shield Plans delivers timely news and insightful analysis of new products, market share, strategies, conversions, financing, profitability and strategic alliances of Blue Cross and Blue Shield plans, which are major players in every U.S. health insurance market. The 12-page monthly newsletter is must-reading for plan managers and others who consider BCBS plans to be partners or competitors. Visit http://aishealth.com/marketplace/ais-report-blue-cross-and-blue-shield-plans for more information.

*A thoroughly objective publication, The AIS Report on Blue Cross and Blue Shield Plans is published independently by AIS and is not affiliated with or sponsored, endorsed or approved by the Blue Cross Blue Shield Association or any of the independent Blue Cross and Blue Shield companies.

About Atlantic Information Services
Atlantic Information Services, Inc. (AIS) is a publishing and information company that has been serving the health care industry for more than 25 years. It develops highly targeted news, data and strategic information for managers in hospitals, health plans, medical group practices, pharmaceutical companies and other health care organizations. AIS products include print and electronic newsletters, websites, looseleafs, books, strategic reports, databases, webinars and conferences. Learn more at http://www.AISHealth.com.

Read the full story at http://www.prweb.com/releases/2013/8/prweb11019858.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Cosmeceuticals Market - New Industry Research Report is Now Available for Pre-Order at Transparency Market Research
2. Colorants Market to Reach 11 Million Metric Tons by 2018 at a 3.6% CAGR - New Report by MarketsandMarkets
3. Global X-Ray Market Research Report Published By Transparency Market Research
4. Global Cosmeceuticals Products Market (Topical, Injectable) 2017 Forecasts in a Research Report Available at ReportsnReports.com
5. Colorectal Cancer (CRC) Screening Market for Diagnosis & Treatment 2018 Forecasts in New Research Report at RnRMarketResearch.com
6. Individuals with Special Needs can Help the Community According to People's Care, Pasadena News reports
7. New DePuy Metal Hip Implant Lawsuits Allegations Update: Resource4thePeople Reports Important Trial Scheduled in Federal Consolidated Cases
8. NuvaRing Lawsuit Filed on Behalf of a South Carolina Woman Alleges that NuvaRing Use Caused Her to Develop Serious Blood Clot Disorder, Reports Alonso Krangle
9. Vaginal Mesh Lawsuit Lawyers at Wright & Schulte LLC Report on Developments in First Federal Trial of C.R. Bard Vaginal Mesh Lawsuit
10. Foreign Funded Enterprises Lead China Dialysis Industry 2017 Forecasts in New Research Report at RnRMarketResearch.com
11. Global Cataract Surgery Devices Market 2019 – IOL, OVD & Phacoemulsification Equipment Analysis in New Research Reports at ReportsnReports.com
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. ... from injury. Recently, he has implemented orthobiologic procedures as a method for treating ... one of the first doctors to perform the treatment. Orthobiologics are substances that ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article ... are unfamiliar with. The article goes on to state that individuals are now more ... these less common operations such as calf and cheek reduction. The Los Angeles area ...
(Date:6/24/2016)... ... ... Marcy was in a crisis. Her son James, eight, was out of control. Prone to ... , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there ... my other children and say he was going to kill them. If we were ...
(Date:6/24/2016)... ... 24, 2016 , ... Dr. Amanda Cheng, an orthodontist ... has extensive experience with all areas of orthodontics, including robotic Suresmile technology, ... , Micro-osteoperforation is a revolutionary adjunct to orthodontic treatment. It can be used ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening their ... Award, an essay contest in which patients and their families pay tribute to a ... the 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... Any dentist who has made an implant supported ... Many of them do not even offer this as a ... laboratory costs involved. And those who ARE able to offer ... high cost that the majority of today,s patients would not ... Zadeh , founder of Dental Evolutions Inc. and inventor of ...
(Date:6/23/2016)... , June 23, 2016 ... CAPR ), a biotechnology company focused on ... today announced that patient enrollment in its ongoing ... Duchenne) has exceeded 50% of its 24-patient target. ... in the third quarter of 2016, and to ...
(Date:6/23/2016)... and BOGOTA, Colombia , June 23, 2016  Astellas today announced the establishment of ... Farma Brasil as the company,s second affiliate in Latin America . ... ... Manager of Astellas Farma Colombia ... ...
Breaking Medicine Technology: