Executive Compensation at America’s Health Insurance Plans (2021)

America’s Health Insurance Plans (AHIP) is a tax-exempt, non-profit 501 (c) 6 – a trade organization – representing health insurance companies that profit coverage through employers, Medicare Advantage, Medicaid managed care, and open market plans that provide individual coverage. A political advocacy group to represent health insurer’s best interests AHIP has been in the news recently because insurers are balking at consumer demand for more transparency on claim denials and health coverage.  Given that people paying premiums to the insurance companies ultimately fund membership in AHIP, they have a point.

AHIP is overseen by 33 voting members of the governing body, 32 of whom are independent.  29 of the 33 (88%) board members are male while 4 (12%) are female.

AHIP reported total revenue of $90 million in 2021, most of which came from member dues and assessments ($60 million) and educational programs ($21 million).

Expenses totaled $86 million in 2021 with the two largest expenses reported to be fees for services -primarily lobbying, consultants, and contract services – ($37 million) and compensation ($30 million).

147 employees received $30 million in compensation, an average of $204,000 although only 90 employees received more than $100,000 in compensation.  The 13 most highly compensated employees were reported to be:

• $2,008,399:  Matthew Eyles, President and CEO
• $  741,098:  John Mathewson, COO
• $  679.348:  Julie Miller, General Counsel/Secretary
• $  674,094:  Elizabeth Goodman, EVP
• $  650,494:  David Merritt, EVP
• $  569,395:  Mark Hamelburg, SVP
• $  553,885:  Thomas Amontree, EVP
• $  469,928:  Dawn Banda, CFO
• $  454,926:  Aron Griffin, SVP
• $  425,708:  Lynne Hostetter Piper, Chief HR Officer
• $  402,290:  Miranda Motter, SVP
• $  390,475:  Lisa Shreve, SVP
• $  378,873:  Danielle Lloyd, SVP

The 13 most highly compensated employees received $8.4 million or nearly 30% of the total compensation (the remaining 134 employees received $22 million, or an average of $164,000).  7 of the 13 most highly compensated employees are female while 6 of the 13 are male.

The most highly compensated employee is Matthew Eyles, the President and CEO who received more than $6 million in compensation from 2018-2021:

• 2021:  $2,008,399
• 2020:  $1,679,550
• 2019:  $1,438,985
• 2018:  $  957,718

AHIP made gross up payments or provided tax indemnification. In addition, the organization has a 457 (F) Executive Retirement Plan. See the Form 990, Schedule J, Part III, Supplemental Information for more detail.

53 independent contractors received more than $100,000 in compensation. The five (5) most highly compensated were reported to be:

• $14,881,380:  Ogilvy Public Relations Worldwide, of NY, NY for consulting
• $ 7,683,729:  Global Strategy Group, of NY, NY for advocacy
• $ 4,813,700:  Locust Street Group, of Washington, DC for advocacy
• $ 3,516,808:  Web Courseworks, Ltd, of Madison, WI for LMS Services
• $ 1,147,000:  Seven Letter, of Washington, DC for advocacy

To read the IRS Form 990 (2021), click here.