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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Trump tightens screws on ByteDance to sell Tiktok

Illustration: Aïda Amer/Axios

President Trump added more pressure Friday night on China-based TikTok parent ByteDance to exit the U.S., ordering it to divest all assets related to the U.S. operation of TikTok within 90 days.

Between the lines: The order means ByteDance must be wholly disentangled from TikTok in the U.S. by November. Trump had previously ordered TikTok banned if ByteDance hadn't struck a deal within 45 days. The new order likely means ByteDance has just another 45 days after that to fully close the deal, one White House source told Axios.

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 21,056,850 — Total deaths: 762,293— Total recoveries: 13,100,902Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m ET: 5,306,215 — Total deaths: 168,334 — Total recoveries: 1,796,309 — Total tests: 65,676,624Map.
  3. Health: CDC: Survivors of COVID-19 have up to three months of immunity Fauci believes normalcy will return by "the end of 2021" with vaccine — The pandemic's toll on mental health — FDA releases first-ever list of medical supplies in shortage.
  4. States: California passes 600,000 confirmed coronavirus cases.
  5. Cities: Coronavirus pandemic dims NYC's annual 9/11 Tribute in Light.
  6. Business: How small businesses got stiffed — Unemployment starts moving in the right direction.
  7. Politics: Biden signals fall strategy with new ads.

Harris: "Women are going to be a priority" in Biden administration

Sen. Kamala Harris at an event in Wilmington, Del. Photo: Drew Angerer/Getty Images

In her first sit-down interview since being named Joe Biden's running mate, Sen. Kamala Harris talked about what she'll do to fight for women if elected VP, and how the Democrats are thinking about voter turnout strategies ahead of November.

What they're saying: "In a Biden-Harris administration women are going to be a priority, understanding that women have many priorities and all of them must be acknowledged," Harris told The 19th*'s Errin Haines-Whack.