AMERIGROUP's James Carlson - CEO Compensation

James Carlson - AMERIGROUP

Total Compensation: $5,292,546

Details: Despite a lawsuit regarding Medicaid fraud that cost the Illinois plan $225 million [1], Carlson himself earned roughly $2 million more than he did in 2007. All aspects of his compensation increased in 2008, from his base salary (up from $608,000 to just over $761,000) to his non-equity incentive plan compensation (up to about $2.8 million from $1.98 million a year ago). Carlson's bonus also grew quite a bit, going from $225,000 in 2007 to $520,312 in 2008; much of that amount was based on long term incentive program goals being met. 

Carlson's "other compensation," which nearly tripled (going from about $7,000 to just over $20,000), included his employer 401(k) contribution, life insurance premiums, an executive health screening, flight services and a medical insurance stipend. 

Related Articles:
AMERIGROUP reaches agreement to settle IL Qui Tam litigation [2]
AMERIGROUP to pay $225M in Medicaid fraud settlement [1]