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anon-y-moose

(200 posts)
Sat Mar 31, 2012, 10:10 AM Mar 2012

Jets of Health Insurance [View all]

I reposted this with updates.
Though it might be helpful.

(I was a corporate pilot for many years)
Will add post from time to time......

"FOLLOW THE MONEY"



(Luxury, without the nuisance of the TSA)

UNITED HEALTH CARE
HAWKER 800XP
N803FL



Price $17,500,000.00 USD
$1431.67 per hour

N733K
Humana's Falon 50
They have 4 others...


Price $14,995,000.00 USD
3100.00 per hour


(use this to verify)
http://registry.faa.gov/aircraftinquiry/NNum_Results.aspx?NNumbertxt=733K&x=0&y=0

Gee, I wonder what kind of jet does medicare use ?
(SEE BELOW)


UNITED HEALTH CARE
GULFSTREAM G50
N56UH




Insurance executives eat like birds! (for better tyranny)
$67,000,000
$3,300.00 per hour



UNITED HEALTH CARE

DASSAULT
FALCON 2000EX
N267BW



$26,150,000 USD
$2,700.00 per hour
http://registry.faa.gov/aircraftinquiry/Name_Results.aspx?Nametxt=UNITED+HEALTH&sort_option=1&PageNo=1


CIGNA CORPORATION

DASSAULT
FALCON 900EX
N176CL






$20,500,000 USD
$2400.00 per hour


CIGNA CORPORATION

DASSAULT
FALCON 2000EX
N176CG


$19,495,000
$2300.00 per hour


Kaiser Permanente
(not for profit)

1991 Cessna 560

N115K


Aprox: 1,400,000 USD
$1200.00 per hour


Now Medicare
Here's what they used to have,
(for sale now)

1976 Cessna 414


$356,000 USD
Cost Per Hour $238.87


BLUE CROSS AND BLUE SHIELD OF IOWA

N586BC
1986 Super King Air 200


Price $1,995,000 USD
Cost Per Hour: $541.60


Meet the parasites:


Ron Williams - Aetna




Total Compensation: $24,300,112

Details: Williams earned $24,300,112 in total compensation for 2008, with more than half of that ($13,537,365) coming from option awards. He also received an additional $6,456,630 in stock awards to go along with his base salary of $1,091,764.

Personal use of a corporate aircraft and vehicle, as well as financial planning and 401(k) company matches added up to $101,487 for Williams...



H. Edward Hanway - CIGNA



Total Compensation: $12,236,740

Details: Hanway took a significant pay cut from 2007 to 2008, due mainly to a drop off of more than $11 million in his non-equity incentive plan compensation. Still, his base salary of $1,142,885 surpasses that of Aetna's Williams, and is supplemented by just over $3.6 million in option awards, and just over $820,000 in non-qualified deferred compensation earnings.

Also, nearly $21,800 in "other compensation" included the use of a company car with a driver, in-office meals, and emergency assistance services relating to medical exams...



Angela Braly - WellPoint


Total Compensation: $9,844,212

Details: Braly, like Williams, earned more money in 2008 ($9,844,212) than in 2007 (9,094,271), increasing her option rewards by nearly $1.5 million, and also receiving a $200,000-plus bump in base salary, from $922,269 to $1,135,538. Braly's stock awards dropped from $2,160,159 to $1,750,015 because, according to the SEC, "performance-based restricted stock units awarded in 2008 were cancelled because our ROE target for 2008 was not met."

Braly's "other compensation" comprised use of a private jet for her and her family on business trips, just under $10,000 for legal services relating to her employment agreement and cash credits....



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