—> Were it not for the orthodoxy we, as a nation, could perhaps see how truly illogical it is to provide our basic healthcare needs to the insurance industry as a commodity to exploit. I have spoken to people who spend more than a thousand dollars a month on health insurance, are unsatisfied with it, but would never accept a government system because it would raise taxes (not anywhere near a thousand dollars a month) and would advance the slip and slide toward “socialism” and the “loss of individual freedom.” And that in spite of the exploitive nature of many private insurance companies.
These are true believers, indeed. To the point that they are willing to cut off their own noses to spite their faces.
So we, as a nation, will suffer so that these industry CEOs can have their share of the American pie. I got these figures off a post on the web but they appear reasonably accurate.
The right-wing Orthodox Capitalists would call this the American Dream in action. Many among the rest of us cry out in bewildered disgust.
ANNUAL COMPENSATION (2006 and 2007):
Ronald A. Williams, Chair/ CEO, Aetna Inc., $23,045,834
H. Edward Hanway, Chair/ CEO, Cigna Corp, $30.16 million
David B. Snow, Jr, Chair/ CEO, Medco Health, $21.76 million
Michael B. MCallister, CEO, Humana Inc, $20.06 million
Stephen J. Hemsley, CEO, UnitedHealth Group, $13,164,529
Angela F. Braly, President/ CEO, Wellpoint, $9,094,771
Dale B. Wolf, CEO, Coventry Health Care, $20.86 million
Jay M. Gellert, President/ CEO, Health Net, $16.65 million
William C. Van Faasen, Chairman, Blue Cross Blue Shield of Massachusetts, $3 million plus $16.4 million in retirement benefits
Charlie Baker, President/ CEO, Harvard Pilgrim Health Care, $1.5 million
James Roosevelt, Jr., CEO, Tufts Associated Health Plans, $1.3 million
Cleve L. Killingsworth, President/CEO Blue Cross Blue Shield of Massachusetts, $3.6 million
Raymond McCaskey, CEO, Health Care Service Corp (Blue Cross Blue Shield), $10.3 million
Daniel P. McCartney, CEO, Healthcare Services Group, Inc, $ 1,061,513
Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555
Todd S. Farha, CEO, WellCare Health Plans, $5,270,825
Michael F. Neidorff, CEO, Centene Corp, $8,750,751
Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555
Todd S. Farha, CEO, WellCare Health Plans, $5,270,825
Michael F. Neidorff, CEO, Centene Corp, $8,750,751<—