P&T
Our
Other
Journal
MediMedia Managed Markets
Managed Care

 

Following the money

MANAGED CARE June 2000. © MediMedia USA
Compensation Monitor

Following the money

MANAGED CARE June 2000. ©2000 MediMedia USA

What with lawsuits and poor financial performance, 1999 could hardly be termed a good year for HMOs. Despite those setbacks, the some HMO executives seemed to do OK for themselves. Of course, what's not shown here is how executives in other industries fare while in the trough. (Remember all those articles about golden parachutes during the recession of the early 1990s?) Regardless of any such comparison, it's a safe bet that these salaries — if published in a consumer magazine — wouldn't be used to highlight the positive aspects of managed care.

What top executives made in 1999
Company Name/title Annual salary Bonus Other compensation Total compensation
Cigna Wilson Taylor, chairman $1,173,100 $4,000,000 $286,987 $5,460,087
H. Edward Hanway, president and CEO $711,500 $2,500,000 $82,815 $3,294,315
Aetna U.S. Healthcare Richard Huber, former chairman, CEO, president $1,000,000 $680,800 $73,513 $1,754,313
WellPoint Health Networks Leonard Schaeffer, chairman, CEO $999,992 $2,200,000 $138,444 $3,338,436
PacifiCare Health Systems Alan Hoops, former CEO, president $920,000 $1,104,995 $580,992 $2,605,987
Trigon Healthcare Norwood Davis, chairman $764,000 $917,280 $352,651 $2,033,931
Thomas Snead, president, CEO $405,940 $463,777 $24,528 $894,245
Sierra Health Services Anthony Marlon, chairman, CEO $654,320 $327,600 $99,487 $1,081,407
Foundation Health Systems Jay Gellert, president, CEO $500,000 No bonus $68,971 $568,971
Mid-Atlantic Medical Services Thomas Barbera, president, CEO $497,859 $499,994 $3,200 $1,001,053

SOURCE: ATLANTIC INFORMATION SERVICES INC., 2000

Meetings

Pharmaceutical Pricing and Contracting Conference Philadelphia, PA September 22–23, 2014
Private Health Insurance Exchanges Conference Washington, D.C. October 7–8, 2014
National Healthcare Facility Management Summit Palm Beach, FL October 16–17, 2014
National Healthcare CFO Summit Las Vegas, NV October 19–21, 2014
National Healthcare CXO Summit Las Vegas, NV October 19–21, 2014
Innovative Member Engagement Operations For Health Plans Las Vegas, NV October 20–21, 2014
4th Partnering With ACOs Summit Los Angeles, CA October 27–28, 2014
2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014