As the COVID-19 pandemic ravaged the country last year, the chief executive officers of 178 US healthcare companies saw their already lofty pay soar to even higher heights.
Collectively, the 178 CEOs took home $3.2 billion in 2020, according to a new analysis by Axios. Their median pay rose to $9 million, up from about $7.7 million in 2018 and $8 million in 2019. The 2019 US median household income was $68,703, according to the US Census Bureau. The Department of Housing and Urban Development estimates that the 2020 national median income for families was $78,500.
Thirty health care CEOs made over $30 million each. That list includes the CEOs of Regeneron ($174 million), Eli Lilly ($68 million), Teladoc ($45 million), UnitedHealth Group ($42 million), and Quest Diagnostics ($34 million).