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anon-y-moose

(200 posts)
Mon Jun 25, 2012, 07:29 PM Jun 2012

Jets of the Health Insurance Industry (FAA Verifiable)

Last edited Mon Jun 25, 2012, 10:38 PM - Edit history (2)

(YOUR HEALTH INSURANCE $$$$ AT WORK)


Thought this might of interest (I was a corporate pilot for many years)
Will add post from time to time......

"FOLLOW THE MONEY"

BLUE CROSS AND BLUE SHIELD OF SC
Their snappy caring web site:
http://www.southcarolinablues.com/
(attractive pc models and colors used)

2501 FARAWAY DR
COLUMBIA , SC. 29223-3970
1-888-410-2227
N680CG
2005 CESSNA 680

$8,950,000.00 USD
$1688.76 per hour

UNITED HEALTH CARE
(888) 315-7706
1-800-585-6586
Their snappy web site:
http://www.uhc.com/


HAWKER 800XP
N803FL



Price $7,500,000.00 USD
$1431.67 per hour

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


Price $14,995,000.00 USD
3100.00 per hour

http://registry.faa.gov/aircraftinquiry/NNum_Results.aspx?NNumbertxt=733K&x=0&y=0

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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Jets of the Health Insurance Industry (FAA Verifiable) (Original Post) anon-y-moose Jun 2012 OP
K&R. Outrageous illustration of why healthcare should not be privatized. Overseas Jan 2013 #1
So did the Medicare plane ever sell? ErikJ Apr 2013 #2

Overseas

(12,121 posts)
1. K&R. Outrageous illustration of why healthcare should not be privatized.
Sun Jan 27, 2013, 07:08 PM
Jan 2013

CEO care is obviously a higher priority than patient care.

 

ErikJ

(6,335 posts)
2. So did the Medicare plane ever sell?
Fri Apr 26, 2013, 11:42 AM
Apr 2013

Give the CEO's a break. Its a hard job! Denying people their health claims for bigger paychecks and nicer jets.

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