SURV 2015 HEALTH INSURANCE EXECUTIVE TOTAL POTENTIAL RUMUNERATION SURVEY: COMPENSATION, BENEFITS AND PERQUISITES. An Invitation to Participate

Transcription

1 SURV HEALTH INSURANCE EXECUTIVE TOTAL POTENTIAL RUMUNERATION SURVEY: COMPENSATION, BENEFITS AND PERQUISITES An Invitation to Participate This Survey provides participants with a comprehensive picture of the total compensation package for executives in the Health Insurance Industry. This includes: Annual cash compensation (including base salary and annual incentives) Long-term incentives The potential value of other benefits such as deferred compensation, retirement benefits, and severance/change-of-control agreements Judy Canavan jcanavan@hrssllc.com x902

2 Overview Comprehensive source of market intelligence that covers: Complete compensation/remuneration levels, including: Base salary 1 Annual and long-term incentives at actual, minimum, target and maximum payout 1 Potential value of benefits and perquisites 2 Potential value of employment contracts, severance and change-of-control agreements 2 Compensation and benefit practices, including: Executive perquisites and benefits (SERPs, deferred compensation, etc.) Employment, severance and change of control agreements Annual and long-term incentive plan design Calibration of pay by organizational size Custom Data Reporting: Custom peer group cuts are available Blue Cross and/or Blue Shield organizations will receive the full report, along with a special BC and/or BS only data report Hot Topics stay abreast of key industry issues! Hot Topic Surveys and White Papers distributed during the year Complimentary reports for TPR Survey Participants Survey topics selected with participant input See TPR registration form for Hot Topic Survey idea submission 1 Data collected for all positions. 2 Data collected for a select group of 10 positions (because data collected is extensive, collection of the potential value of executive perks and benefits is limited to a select group of executives.) Page 3

3 Positions Covered Positions for which Executive Total Potential Remuneration is Tabulated 1 Ten of the Highest Paid Chief Executive Officer Chief Operating Officer Top Legal Executive/General Counsel Top Financial Executive Top Human Resources Executive Top Information Systems Executive Top Sales and Marketing Executive Top Actuarial Executive Chief Medical Officer Chief Underwriting Executive Positions for which Total Direct Compensation is Tabulated 2 Subsidiary Head/Strategic Business Unit Executive Regional Head/Geographic Business Unit Executive Top Managed Care Executive Head of Primary Care Medical Home (PCMH) Top Pharmacy Executive Top Sales Executive Top Marketing Executive Head of Retail Market Development and Consumerism Top Corporate, Government and Public Affairs Executive Top Communications Executive Top Government Operations (Medicare, Medicaid) Second Level Actuarial Executive Second Level Information Systems Executive Top Healthcare Informatics Executive Second Level Healthcare Informatics Top Network Management Executive Top Health Services Executive Top Service Operations (Two or more: Claims, Customer Service, Membership/Enrollment, Billing) Top Claims Executive Top Customer Service Executive Top Membership and Billing Executive Second Level Financial Executive Top Audit Executive Controller Treasurer Top Corporate Compliance Executive Second Level Legal Position Top Strategic Planning Executive Head of Healthcare Economics 1 Includes base salary, annual incentives, long-term incentives, pensions, SERPs, deferred compensation, employment contract provisions, perquisites, etc. 2 Includes base salary, annual incentives, and long-term incentives. Page 4

4 Sample Output 2015 EXECUTIVE TOTAL POTENTIAL The results are provided to participants in both a soft copy report (pdf file) and Excel file. The pay data is presented in two formats: a job by job format (pdf and Excel) and line-by-line data in Excel - suitable for upload into your market pricing system. The following are examples of the data output report. Sample Compensation Report Output: Sample Total Potential Remuneration Output: Sample Policy & Practice Output: Sample Compensation Excel Report Output: Page 2

5 2015 Key Dates and Fees Effective Date - March 1 st 2015 Questionnaires distributed February 2015 Fully Completed Questionnaires Due (Date Stamped): - Before April 1st - Early Return Discount ($500 discount) - On or Before April 15th - On Time Discount ($250 discount) - Due Date - April 15th Survey Fee - $2,750 Publication of Results (participants only) September 2015 How to Participate in the 2015 Survey Complete the attached registration form and return to us as instructed. The Survey Questionnaire will be distributed in February. About HR+Survey Solutions HR+Survey Solutions offers an alternative source for custom surveys. Our consultants have decades of experience designing and conducting customized surveys. They work with the client to determine the optimum solution by: identifying the driving business issues; designing a fully customized approach; providing impeccable customer service; assuring the highest quality standards; reporting meaningful results. In addition, we provide comprehensive compensation consulting services with a particular focus on competitive assessment and compensation plan design. Companies can obtain additional information about HR+SS by visiting our website at or contacting Judy Canavan. Learn more about us at Contact Information Please contact us for more information: Judy Canavan x902 jcanavan@hrssllc.com Page 3

6 2015 Survey Invitees Potential and Past Survey Participants 1 Arkansas Blue Cross and Blue Shield* Blue Cross Blue Shield of Western NY* Blue Cross and Blue Shield of Alabama* Blue Cross of Idaho* Blue Cross and Blue Shield of Arizona* Blue Cross of Northeastern Pennsylvania* Blue Cross and Blue Shield of Florida* Blue Shield of California Blue Cross and Blue Shield of Kansas CareFirst BlueCross BlueShield* Blue Cross and Blue Shield of Kansas City* Capital Blue Cross* Blue Cross and Blue Shield of Louisiana Excellus BlueCross BlueShield * Blue Cross and Blue Shield of Massachusetts* Empire Blue Cross Blue Shield Blue Cross and Blue Shield of Michigan Hawaii Medical Service Association* Blue Cross and Blue Shield of Minnesota Health Care Service Corporation Blue Cross and Blue Shield of Montana Highmark Blue Cross and Blue Shield* Blue Cross and Blue Shield of Nebraska* Horizon Blue Cross and Blue Shield of New Jersey* Blue Cross and Blue Shield of New Mexico Independence Blue Cross Blue Cross and Blue Shield of North Carolina La Cruz Azul de Puerto Rico Blue Cross and Blue Shield of South Carolina Noridian - Blue Cross Blue Shield of North Dakota* Blue Cross and Blue Shield of Vermont Premara Blue Cross Blue Shield of Alaska Blue Cross and Blue Shield of Wyoming Premera Blue Cross Blue Cross & Blue Shield of Mississippi The Regence Group Blue Cross & Blue Shield of Rhode Island* Triple-S, Inc. Blue Cross Blue Shield of Delaware Wellmark Blue Cross and Blue Shield BlueCross BlueShield of Tennessee* WellPoint Health Networks, Inc. * 2013 and/ or 2014 Participant. Continued on following page. 1 We cannot guarantee the participation of all invitees. Page 4

7 2015 Survey Invitees continued Potential and Past Survey Participants 1 Adventist Health System Aetna, Inc. AMERIGROUP Corporation APS Healthcare, Inc. Ardent Health Services LLC Ascension Health Assurant, Inc. Cambia Health Solutions Catholic Health East Catholic Health Initiatives Catholic Health Partners Catholic Healthcare West Centene Corporation CIGNA Community Health Systems, Inc. Coventry Health Care, Inc. Geisinger Health Plans EmblemHealth Harvard Pilgrim Health Care HCA Health Insurance Plan of Greater New York Health Net, Inc. Humana, Inc. IASIS Healthcare Corporation Kaiser Medica Health Plans Molina Healthcare, Inc. Presbyterian Healthcare Services Providence Health System Sentara Healthcare Sierra Health Services Sisters of Mercy Health Systems Sutter Health Tenet Healthcare Corporation Triad Hospitals, Inc. Trinity Health Tufts Associated Health Plans, Inc. United Health Group, Incorporated Wellcare If you know an organization whose participation would enhance this Survey please forward this information to them and/or send us their contact information, with an introductory note, so that we may formally invite them. 1 We cannot guarantee the participation of all invitees. Page 5