this post was submitted on 07 Dec 2024
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ID: image titled "Health Insurance CEOS and their pay:" above 8 photos of the CEO

Cigna, DAVID CORDANI $21M

WellCare, MICHAEL CARSON $23.5M

Humana, BRUCE BROUSSARD $16.3 M

CENTENE Corporation, SARAH LONDON $18.6 M

MOLINA HEALTHCARE, JOSEPH ZUBRETSKY $21.4 M

CVS Health, KAREN LYNCH $21.6 M

Elevance Health, GAIL BOUDREAUX $21.9 M

United Healthcare, BRIAN THOMPSON $10.2 M

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[–] [email protected] 102 points 2 months ago (10 children)

I think it’s more about denied claims. UHC denies more than 30% of claims whereas most other insurers range between 10-20%. UHC denies the most claims by a big margin. This is likely to make you some enemies.

[–] [email protected] 47 points 2 months ago (4 children)

10-20 percent is still insanely high, considering the amount of cases were taking about here. Even just one percent would be thousands suffering for no better reason than profits.

[–] [email protected] 32 points 2 months ago (3 children)

I think we need to accept that there are some fraudulent claims filed that should be denied. I have no idea what the percentage is or how to determine it, but I would think it is below 10%, probably below 5%.

[–] [email protected] 18 points 2 months ago

Better to accept a few fraudulent claims than deny a legitimate one IMO, but then again I’m not CEO material (I care about people)

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