These 6 Health Insurance CEOs made $150m in 2022
đź’µ Insurance CEOs Compensation
These six CEOs collectively made $114.5 million in 2022. Here is who they are and where they work.
Fierce Healthcare dug through SEC filings to find which healthcare insurance CEOs made the most money in 2022. Here is the findings.
But first, let me explain a ration you will see. CEO pay ratio is the ratio of how much the CEO makes, compared to the median salary at their company.
Karen Lynch, CVS Health
Compensation: $21,317,055
CEO pay ratio: 380:1
In other words, in 2022, Lynch made 380x the average salary at CVS Health It was Lynch’s first full year as CEO of CVS Health
David Cordani, Cigna Group
Compensation: $20,965,504
CEO pay ratio: 277:1
Gail Boudreaux, Elevance Health
Compensation: $20,931,081 CEO pay ratio: 383:1 Company changed its name from Anthem to Elevance (a combo of “elevate” and “advance”)
Andrew Witty, UnitedHealth Group
Compensation: $20,865,106 CEO pay ratio: 331:1 UnitedHealth Group is much more profitable than its peers
Bruce Broussard, Humana
Compensation: $17,198,844 CEO pay ratio: 238:1
Sarah London, Centene
Compensation: $13,246,447 CEO pay ratio: 171:1 London became CEO of Centene in March 2022
Currently, women are CEOs at roughly 8.5% of publicly traded companies. And, according to this list, women CEOs are becoming more common in health insurance. Making up 50% of the top earning health insurance CEOs, and representing three of the biggest companies in the insurance world.
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