WellPoint CEO compensation slipped in 2011
WellPoint Inc.'s earnings sank last year, as the health insurer struggled with losses in its Medicare Advantage business, and the total compensation delivered to Chairwoman and CEO Angela Braly slipped as well. Braly, 50, received 2011 compensation valued at $13.2 million, according to an Associated Press analysis of the Indianapolis company's annual proxy statement. That represents a 2 percent drop compared to 2010. Health insurers have been targeted for criticism in recent years for churning out large profits and giving their top executives big compensation hikes while the cost of insurance for many people continues to outpace inflation and wage growth.
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- 3 Traits Personality Assessments Can't Reveal
- CA Powers Up $80M HIE to 'Create Value in the Data'