CIGNA CEO Salary in the Spotlight

CIGNA took in $19.1 billion dollars in revenue last year, with a $292 million dollar income. That doesn’t include the salaries given to people like CEO Ed Hanway. He made a cool $12 million last year, and over the past five years he took in $120 million. Hanway has $28 million in unexcercised stock options. The company corporate jets, also not seen in profit statements, cost $68 million. This money is gained, as former communications director Wendell Potter says in this video, through denying claims and dumping the sick, enhancing the value of the company for Wall Street investors. The effect on people’s lives, meanwhile, is tragic. Nataline Sarkysian, featured in the Americans United For Change advertisement, lost her life after CIGNA repeated denied her a liver transplant, despite the family having full coverage.

According to Brave New Films Jo Joshua Godfrey had cancer without knowing for over a year.

“I would go to CIGNA and they would tell me I had bronchitis and give me medicine and send me home. No matter what medicine they gave me I wouldn’t get better. Then the CIGNA Director called me up and she told me that there was nothing wrong with me at all. I called the doctor, and I came with my film and my CAT scan and he just put it in, it took exactly thirty seconds. He told me, ‘You have cancer,’ and he said the reason CIGNA did not want to give you your records is they’ve known right way back for years that you have cancer and they’re not going to treat you.”

Pass it on to everyone you know.

We can’t let the insurance companies decide who gets care and who doesn’t.

Check out: http://www.sickforprofit.com for more details about the campaign.

[youtube:http://www.youtube.com/watch?v=G4TsaHmtgfA]