Complaint Review: Insphere Insurance Solutions, Inc.
- Insphere Insurance Solutions, Inc.
9151 Boulevard 26
North Richland Hills, Texas
United States of America
- Phone: 817.255.5200
- Category: Health Insurance
Insphere Insurance Solutions, Inc. Healthmarkets, Mega Life & Health, Midwest National of Tennessee, Chesapeake Life Top Execs at Healthmarkets (Insphere) make way too much!!!!! North Richland Hills, Texas
*Author of original report: They are still crooks
*Author of original report: Ignorance
*General Comment: These people don't "give" themselves raises, they're paid commission!!
*Author of original report: Corporate BS
*Consumer Suggestion: Call NOW!
*Author of original report: I guess I need to spell it out
*Consumer Comment: OK
I am astounded by the compensation that the top executives at Healthmarkets (which is Insphere) are getting for the jobs they have. What a rip. Take a look at the numbers that comes from there filings on their website. This just came out on 4/27/10.
Phil Hildebrand, CEO - Total Compensation for 2009 is $19,703,120!!!! This is actually way above what he got paid previously. In 2008, it was $11,354,210. Not only did the numbers for the company go down significantly, he got an 8 million dollar raise.
Anurag Chandra - COO - Total Compensation for 2009 is $10,780,481. What the heck does this guy even do?
Steven P. Erwin - Total Compensation for 2009 is $2,612,683, which is up half a million from the year before.
Jack V. Heller - Total Compensation for 2009 is $1,656,689, which is up over $300k from the year before.
B. Curtis Westen - Total Compensation for 2009 is $2,413,414.
That totals over $37 Million for just 5 people. WTF??????
This report was posted on Ripoff Report on 05/01/2010 02:47 PM and is a permanent record located here: http://www.ripoffreport.com/reports/insphere-insurance-solutions-inc/north-richland-hills-texas-76180/insphere-insurance-solutions-inc-healthmarkets-mega-life-health-midwest-national-of-599022. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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