CEOWORLD magazine Executive Council reviewed proxy filings for UnitedHealth Group, Molina Healthcare, Elevance Health, CVS Health, Humana, and Cigna for this list.
Molina Healthcares CEO Joseph Zubretsky takes the top spot in our annual look at compensation for chief executives at the six major national health insurers, bringing in 22.13 million in total compensation last year.
Zubretskys total compensation of 22.13 million includes a base salary of 1,500,000 and 14,999,868 in stock options.
The CEOs of Americas six largest publicly traded health insurance and services companies earned nearly 123 million combined in total compensation last year by far the most of any year in the past decade.
According to the companys most recent proxy report, he earned 4,124,984 in option awards and 5,550,000 in nonequity incentive plan compensation.
According to regulatory filings, UnitedHealth Group chief executive officer Andrew Witty had the largest percentage increase in compensation between 2021 and 2022.