These 43 Top Executives had Total Compensation Combined in the most recent year disclosed of $685.9 mil, or an average of $15,952,000 for each of them, which was 9% below the $17,625,000 like average for the Oil & Gas Companies.
My hunch is that the average pay of full-time employees of all US businesses is probably about $45,000 per year. Thus, that above $15,952,000 Health Care top executives total compensation average is 354 times the $45,000 earned by the average US employee.
And the underemployed working three part-time jobs, totaling 2,000 hours for the year, and getting paid just above the minimum wage make about $20,000 per year. Thus, that above $15,952,000 top executive total compensation average is 798 times the $20,000 earned by that full-time underemployed worker.
And the many unfortunate unemployed for the full year get about $10,000 per year. Thus, that above $15,952,000 top executive total compensation average is 1,595 times the $10,000 of unemployed compensation of the average unemployed person who can't find a job.
It is pretty clear to me that the US has a serious problem with income inequality, and where the economic gap between the very wealthy and everyone else has continued to widely expand in each year since 2001.
Giant Hospital Company HCA had no executive earning at least $10 mil in 2011. However, HCA did have three executives who did so in 2010, with Total Compensation as follows: Bracken $38,201,000; Johnson $21,927,000; and Hazen $15,002,000.
Below here is the Total Compensation for each of these 43 Top Executives of Health Care Companies in the most recent year disclosed:
| Total | ||
| Compensation | ||
| Big Health Care | Most Recent | |
| Company | Executive | Year |
| $000s | ||
| Abbott Labs | White | 24,011 |
| Alexion Pharmaceuticals | Bell | 13,030 |
| Allergan | Pyott | 13,977 |
| Amgen | Sharer | 18,850 |
| Amgen | Hooper | 12,057 |
| Baxter | Parkinson | 14,065 |
| Biogen IDEC | Scangos | 11,331 |
| Boston Scientific | Mahoney | 11,787 |
| Bristol Myers Squibb | Andreotti | 14,912 |
| Cardinal Health | Barrett | 11,210 |
| CareFusion | Gallahue | 25,223 |
| CareFusion | Schlotterbeck | 16,028 |
| Cividien | Almeida | 10,280 |
| Community Health Systems | Smith | 21,584 |
| CVS Caremark | Merlo | 14,075 |
| Davita Health Care | Thiry | 17,542 |
| Eli Lilly | Lechleiter | 16,370 |
| Gilead Sciences | Martin | 15,616 |
| Henry Schein | Bergman | 10,837 |
| Herbalife | Johnson | 24,571 |
| Hospira | Ball | 12,337 |
| Johnson & Johnson | Weldon | 26,798 |
| Laboratory Corp America | King | 11,059 |
| Life Technologies | Lucier | 10,898 |
| McKesson | Hammergren | 39,680 |
| McKesson | Julian | 18,816 |
| McKesson | Campbell | 11,383 |
| Medicis Pharmaceuticals | Shacknai | 19,637 |
| Mednax | Medel | 12,433 |
| Medtronic | Ishrak | 25,026 |
| Merck | Clark | 14,727 |
| Merck | Frazier | 13,348 |
| Mylan | Coury | 21,338 |
| Omnicare | Figueroa | 10,678 |
| Pfizer | Read | 25,013 |
| Quest Diagnostics | Mohapatra | 12,781 |
| Rite Aid | Standley | 10,978 |
| Tenet Health Care | Fetter | 10,740 |
| Universal Health Services | Miller | 12,500 |
| VCA Antech | Antin | 12,278 |
| Vertex Pharmaceuticals | Emmens | 13,359 |
| Vertex Pharmaceuticals | Leiden | 10,718 |
| Walgreens | Wasson | 12,041 |
| Total all 43 | 685,922 | |
| Average | 15,952 |
