Bill Moyers on healthcare, Cigna and the new Surgeon General.
Now meet H. Edward Hanway, the Chairman and CEO of Cigna, the country's fourth largest insurance company. At the beginning of the year, Cigna blamed hard economic times when it announced the layoff of 1,100 employees. But it reported first quarter profits of $208 million on revenues of $4 billion. Mr. Hanway has announced his retirement at the end of the year, and the living will be easy, financially at least. He made $11.4 million dollars in 2008, according to the Associated Press, and some years more than that.