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Humana CEO Bruce Broussard made $34 million in 2017. Photo: Luke Sharrett / Bloomberg via Getty Images

Top Humana executives maxed out their annual cash bonuses in 2017 after the health insurance company used atypical accounting to beef up the measure of profitability that bonuses are based on, according to a new federal filing. This isn't the first time Humana has doled out bonuses based on juiced-up profit numbers.

How it works: Humana excluded a donation made to its own charity from the company's earnings, which allowed executives to hit the maximum target for their bonuses.

The details: Humana made a one-time, $35 million contribution to the Humana Foundation last year, spokesman Tom Noland said. Excluding that donation added $0.15 to its adjusted earnings per share, the figure that dictates most of Humana's executive bonuses.

  • In essence, Humana executives were rewarded for the company's decision to put money into its own charitable arm.
  • Noland said the board thought it was "an appropriate exception" because "it represents an investment in the long-term future of our business by supporting the communities we serve."

Go deeper: CEO Bruce Broussard made $34.2 million in 2017, based on the actual realized gains of his stock. His cash bonus was $2.7 million, or 8%, of that total.

  • Using Broussard's $34.2 million compensation figure and the median Humana employee pay of $57,385, Humana's CEO pay ratio was 596:1.

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Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Health: Most vulnerable Americans aren't getting enough vaccine information — Fauci says Trump administration's lack of facts on COVID "very likely" cost lives.
  2. Politics: Biden unveils "wartime" COVID strategyBiden's COVID-19 bubble.
  3. Vaccine: Florida requiring proof of residency to get vaccine — CDC extends interval between vaccine doses for exceptional cases.
  4. World: Hong Kong to put tens of thousands on lockdown as cases surge.
  5. Sports: 2021 Tokyo Olympics hang in the balance.
  6. 🎧 Podcast: Carbon Health's CEO on unsticking the vaccine bottleneck.

Trump impeachment trial to start week of Feb. 8, Schumer says

Senate Majority Leader Chuck Schumer. Photo: The Washington Post via Getty

The Senate will begin former President Trump's impeachment trial the week of Feb. 8, Majority Leader Chuck Schumer announced Friday on the Senate floor.

The state of play: Schumer announced the schedule after reaching an agreement with Republicans. The House will transmit the article of impeachment against the former president late Monday.

1 hour ago - Health

CDC extends interval between COVID vaccine doses for exceptional cases

Photo: Joseph Prezioso/AFP via Getty

Patients can space out the two doses of the coronavirus vaccine by up to six weeks if it’s "not feasible" to follow the shorter recommended window, according to updated guidance from the Centers for Disease and Control and Prevention.

Driving the news: With the prospect of vaccine shortages and a low likelihood that supply will expand before April, the latest changes could provide a path to vaccinate more Americans — a top priority for President Biden.