UnitedHealth Group's CEO was the highest paid out of major payer CEOs in 2023.
Mr. Witty was paid a total of $23.5 million in compensation, up from $20.9 million in 2022.
Molina Healthcare and Humana's CEOs saw small pay decreases in 2023, while every other CEO's salary increased slightly.
Here's how much payer CEOs made in 2023:
UnitedHealth Group CEO Andrew Witty
Salary: $1,500,000
Stock awards: $15,000,970
Option awards: $5,000,114
Non-equity incentive plan: $1,800,000
Other compensation: $233,852
Total: $23.5 million
Elevance Health President and CEO Gail Boudreaux
Salary: $1,600,000
Stock awards: $11,850,043
Option awards: $3,950,036
Non-equity incentive plan: $3,648,000
Other compensation: $840,960
Total compensation: $21.9 million
CVS Health President and CEO Karen Lynch
Salary: $1,500,000
Stock awards: $12,374,971
Option awards: $4,124,992
Non-equity incentive plan: $2,992,000
Other compensation: $623,071
Total: $21.6 million
Molina Healthcare President and CEO Joseph Zubretsky
Salary: $1.5 million
Stock awards: $15.5 million
Non-equity incentive plan compensation: $4.4 million
Other compensation: $81,631
Total compensation: $21.5 million
Cigna Chair and CEO David Cordani
Salary: $1,500,000
Stock awards: $12,656,213
Option awards: $3,200,020
Non-equity incentive plan compensation: $3,300,000
Change in pension value and nonqualified deferred compensation: $80,585
Other compensation: $310,437
Total compensation: $21 million
Centene CEO Sarah London
Salary: $1,400,000
Stock awards: $13,573,031
Non-equity incentive plan compensation: $3,298,600
Other compensation: $285,335
Total: $18.6 million
Humana President and CEO Bruce Broussard
Salary: $1,469,893
Stock awards: $10,898,833
Option awards: $3,492,874
Other compensation: $465,784
Total: $16.3 million