And we wonder why insurance premiums are so high...

Professor Wolff, I happen to own some CVS stock, so recently I received a half-inch thick (thin paper, small type, dense language) Merger Proposal outlining CVS's purchase of Aetna. Buried in the middle of this document is a section, "Quantification of Potential Payments to Aetna Executive Officers in Connection with the Merger". It lists the compensation to be received by five top Aetna executives as severance. Between the five of them, they will walk away with over 80 million dollars in cash, equity, and benefits. Not for performing anything, or adding any value, but for walking away. It was a sobering experience to read it right there in the actual document, as opposed to in a news report. That's a lot of money to just leak out of the system like that. All the best, David Baldwin Cranston, RI

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  • Andrey Mops
    commented 2024-04-19 16:29:02 -0400

    <a href=“”" rel="nofollow">">asd</a>

  • Andrey Mops
    commented 2024-04-19 16:28:44 -0400
    Insurance premiums can indeed be high, depending on many conditions. I am not an expert and do not claim to be one, so I would recommend that you contact <a href=“”" rel="nofollow">">united concordia</a> professionals who have been doing this for many years and provide professional advice in the life insurance industry.
  • David Baldwin
    published this page in Ask Prof. Wolff 2018-02-19 20:57:05 -0500