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David Cordani, CEO of health insurer Cigna, received $12.5 million in compensation last year, not including stock and stock options, which was a 27 percent increase from his $9.8 million pay package in 2010, according to documents filed with U.S.…

Indianapolis-based health insurer WellPoint announced Rajamannar Madabhushi has become executive vice president of senior business and chief transformation officer, which primarily covers WellPoint's Medicare sector.

Rep. Dave Camp (R-Mich.), chairman of the House Ways and Means Committee, recently sent a letter (pdf) to Treasury Secretary Timothy Geithner regarding a $111 billion increase on health insurance exchange subsidies.

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