Health Insurer CEOs Donating Their 2020 Salaries and Bonuses to Frontline Health Care Workers!

This story is unbelievable. The CEOs of the eight largest publicly-traded insurance companies, who made $143.5 million in total compensation in 2018 (2019 numbers are not out yet), will be donating ALL of their salaries and bonuses to the healthcare workers who are on the frontline during this pandemic. Each one of them has agreed to take $1 in total compensation for the upcoming year.

“It’s the least we can do”, said UnitedHealth Group CEO David Wichmann, “I mean they are putting their lives on the line while we sit here doing nothing and getting rich. It was never fair so we decided to do something about it personally”.

Bruce Broussard, CEO of Humana, chimed in, “I can’t agree more. This whole situation has me rethinking not only my life but the lives of those who are getting sick trying to help others. Maybe we shouldn’t be getting paid this much?”

“I don’t want to live like this anymore”, said Gail Boudreaux (CEO of Anthem), “My guilt was killing me. When this was brought up by the others I was like, hell yeah, let’s really help people. I don’t need another boat. I don’t need another plane. What is important are these doctors and nurses and other workers trying to help the COVID-19 sufferers”.

The CEOs and their respective companies have also agreed NOT to raise any premiums over the next two years due to the financial strain that the pandemic has put this country through. Lastly, each insurer, on this date, has agreed to give a three-month moratorium on making customers pay their insurance premiums. That way people are not choosing to pay for insurance versus paying for food.

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159410cookie-checkHealth Insurer CEOs Donating Their 2020 Salaries and Bonuses to Frontline Health Care Workers!