Executives at health insurance giants cash in as firms plan fee hikes Leaders of Cigna, Humana, UnitedHealth, WellPoint and Aetna received nearly $200 million in compensation in 2009, according to a report, while the companies sought rate increases as high as 39%. H. Edward Hanway, former chief executive of Philadelphia-based Cigna, topped the list of high-paid executives, thanks to a retirement package worth $110.9 million. Cigna paid Hanway and his successor, David Cordani, a total of $136.3 million last year. Only one executive in the list actually saw his paycheck shrink last year: Ron Williams, the CEO of Hartford, Conn.-based Aetna Inc., earned nearly $18.2 million in total compensation, down from $24.4 million in 2008. Executives at health insurance giants cash in as firms plan fee hikes - Los Angeles Times For all those who were worried Insurance Company Executives weren't being paid enough, those companies have found new ways to squeeze money from the American people getting around guidelines Democrats put in place to protect American citizens. UnitedHealth raises outlook as profit rises 31% - MarketWatch Republicans relieved Health Care companies protected from the greedy middle class.