All I can say here is no wonder Untied wants everyone on pay for performance, but unless you are a big time CEO don’t count on it. In healthcare pay for performance items are beginning to show they have not been all they once cracked up to be. Come to think of it, are better outcomes just for CEOs? <grin>.
Pay For Performance Is Not All That It Has Cracked Up to Be-Time to Rethink As Money Is Not Creating Better Health Outcomes'
In an article from last year the shareholders were not concerned much about executive pay or lobbyists expenses so this must set the pace. BD
UnitedHealth Shareholders Say We Don’t Care What Executives Earn and What Is Spent on Lobbying – Go For It
INDIANAPOLIS -- Health insurer UnitedHealth Group's earnings rose 21 percent last year and so did the compensation it gave CEO Stephen Hemsley .
The 58-year-old executive received a pay package totaling $10.8 million from the Minnetonka, Minn., managed care company. That includes a salary and performance-related bonus amounting to $4.7 million and stock and options valued at $6 million.
UnitedHealth is the largest health insurer based on revenue. Its net income climbed 21 percent last year to $4.6 billion, and its share price rose 18 percent. That's higher than the increase recorded by the Standard & Poor's 500 index in 2010.
Insurance News - UnitedHealth CEO Compensation Grows 21 Pct In 2010
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