**Exhibit        10.14**

 

 

**Coventry Health Care, Inc. (“Coventry”)**

 

**Summary of Non-Employee Directors’ Compensation**

 

The following table summarizes the components and amounts of the        compensation to be paid to eligible non-employee directors for their services in        2008.

 

| **Compensation Components**                                                                                                                                                                                                                                                      | **Board or Committee**     |   | **Compensation**                                                                                         |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------|--------|----------------------------------------------------------------------------------------------------------|
| Annual Compensation for Attendance at Regular Board                        Meetings1 (paid/vested/deferred quarterly in arrears in                        accordance with the Plan and includes compensation for five regularly                        scheduled Board meetings) | Board                      | $      | 225,000                                                                                                  |
| Annual Committee Chair Retainer(Paid annually in arrears)                                                                                                                                                                                                                   | Chair of Board             | $      | 125,000                                                                                                  |
|                                                                                                                                                                                                                                                                             | Lead Director              |   | 10,000                                                                                                   |
|                                                                                                                                                                                                                                                                             | Chair of Audit Committee   |   | 10,000                                                                                                   |
|                                                                                                                                                                                                                                                                             | Chair of Comp Committee    |   | 10,000                                                                                                   |
|                                                                                                                                                                                                                                                                             | Chair of N/CG Committee    |   | 5,000                                                                                                    |
| Attendance at In-Person Special Meeting                                                                                                                                                                                                                                          | Board                      | $      | 3,000                                                                                                    |
|                                                                                                                                                                                                                                                                             | Audit Committee            |   | 3,000                                                                                                    |
|                                                                                                                                                                                                                                                                             | Comp Committee             |   | 3,000                                                                                                    |
|                                                                                                                                                                                                                                                                             | N/CG Committee             |   | 1,500                                                                                                    |
| Participation in a Special Telephonic Meeting                                                                                                                                                                                                                                    | Board                      | $      | 1,000                                                                                                    |
|                                                                                                                                                                                                                                                                             | Audit Committee            |   | 1,000                                                                                                    |
|                                                                                                                                                                                                                                                                             | Comp Committee             |   | 1,000                                                                                                    |
|                                                                                                                                                                                                                                                                             | N/CG Committee             |   | 500                                                                                                      |
| Reimbursement of Reasonable Travel Expenses                                                                                                                                                                                                                                      | All Directors              |   | Actual Costs                                                                                             |
| New Director Stock Option Grant                                                                                                                                                                                                                                                  | New Director               |   | 10,000 options to acquire shares which vest in equal                        amounts over four years |
| Health and Basic Life Insurance Coverage                                                                                                                                                                                                                                         | All Non-employee Directors |   |                                                                                                          |
|                                                                                                                                                                                                                                                                             | (voluntary participation)  |   |                                                                                                          |

 

_________________________

1  Any non-employee directors who become eligible to        participate in the Plan after January 1 will receive a pro rata portion of the Annual        Compensation.

Subject to the terms of the Plan, non-employee directors may elect the form        and the timing of their compensation on an individual basis as summarized in the table        below. All elections of the form of payment must be made in multiples of 25%. The table        below summarizes the forms of compensation each individual non-employee director may select        as well as certain material terms related to those forms of compensation.

         

 

| **Payment**

**“Form”**2 | **Maximum Allocation** | **Payment**

**“Current”** | **Payment**

**“Deferred”**                                                                                             | **Vesting**                        |
|--------------------------------------|------------------------|----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|------------------------------------|
| Cash                                 | 50%3                   | Paid at the end of each quarter        | Credited at the end of each quarter4                                                                                                | None                               |
| Restricted Stock/Stock Units         | 100%                   | Granted at beginning of year           | Stock Units deferred until termination of service or                        unforeseeable emergency

                          | Quarterly over the year of service |
| Stock Options                        | 100%                   | Granted at beginning of year           | Exercisable when vested and subject to a 10 year                        term                                                        | Quarterly over the year of service |

 

_________________________

2  Value of stock options, restricted stock awards and stock        units determined in accordance with SFAS 123R.

3  limit may be waived with the approval of the Chairman of        the Compensation Committee

4  cash will be credited quarterly with interest based on        the Company’s borrowing rate set at the beginning of each year (the 2008 rate is        approximately 3.67%).