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June 9, 2009

Obscene

The salaries of the highest paid health insurance CEOs:

* Ron Williams - Aetna - Total Compensation: $24,300,112.
* H. Edward Hanway - CIGNA - Total Compensation: $12,236,740.
* Angela Braly - WellPoint - Total Compensation: $9,844,212.
* Dale Wolf - Coventry Health Care - Total Compensation: $9,047,469.
* Michael Neidorff - Centene - Total Compensation: $8,774,483.
* James Carlson - AMERIGROUP - Total Compensation: $5,292,546.
* Michael McCallister - Humana - Total Compensation: $4,764,309.
* Jay Gellert - Health Net - Total Compensation: $4,425,355.
* Richard Barasch - Universal American - Total Compensation: $3,503,702.
* Stephen Hemsley - UnitedHealth Group - Total Compensation: $3,241,042.

They're pulling down this much cash while randomly hiking your rates and denying you the coverage you paid for. Hell, they won't even let me have coverage unless I agree to be financially raped (preexisting back injury) -- and even then, there's no guarantee that they wouldn't randomly decide not to pay out on a claim. Crooks. Every last one of them.

In a larger sense, this isn't some sort of abstract financial or political concept we're dealing with here. This is our health -- our lives. And it's being denied by a system designed solely around turning a profit by any means necessary.


Filed under: CEOs || Corporations || Healthcare

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Posted By Bob Cesca | June 9, 2009 6:32 PM

Comments

3.2 million to 24.3 million dollar salary per year? Wow

What does the President of the United States make? 200k? 250k?

Teachers make what.. 20-30k?

Hmmm soldiers getting shot in Iraq make 18-30ish? (clue me in, I know its chicken feed)

Good thing our priorities are in order...

Posted by: J M Goddamn Ashby at June 9, 2009 6:50 PM

Here I am scraping 2 cents together to pay bills. I pay about 5k per year for health insurance. I pay $30.00 co-pay per visit. I rarely go to the doctor. I go to an ENT and pay the co-pay. I get a bill from the ENT for $170.00 because it was not covered by insurance. The total bill was $500.00 not including the prescribed medication. Needless to say I am not covered for a kidney stone because it is preexisting. Hey Steve buddy, bet you have no problems with co-pay or bet you don't wait until the last minute to go to the doctor because you have just spent 5k for insurance. Yeah bet not. Heres to you Steve - Total Compensation: $3,503,702. * Stephen Hemsley - UnitedHealth

Posted by: gerald at June 9, 2009 6:54 PM

What Ashby said. Public option please. Fuck salaries like those to people who make more by covering less.

Posted by: jane at June 9, 2009 7:24 PM

Interesting that CEO salaries for Anthem Blue Cross (one of the biggest if not THE biggest insurer in CA) and Blue Shield aren't listed.

I'm quite sure that wouldn't be pubic knowledge since they have quite the monopoly in California. Additionally, where I live in CA the only two (for the most part) providers here are.....guess who?

I work for an insurance broker - we just sell the stuff and try to keep our current clients insured on the best possible plan for the least amount of money, but it's fucking obscene what they pay premium-wise. One of our clients had a premium increase of 52.91%, and their deductible is $4800 (total $5200 out-of-pocket before the plan pays 100%) - if that isn't the biggest fucking rip-off I don't know what is.

Posted by: BlueFan at June 9, 2009 7:24 PM

Goddamn it aren't people lives worth more that CEO's vactions? There are plenty of place to get filthy rich without having to screw an entire nation. We've got some seriously ass-backwards priorities. Nothings wrong with making money, unless someone has to die for it.

Posted by: Ari Rutenberg at June 9, 2009 7:26 PM

Employers and individuals pour billions into these companies every year, and rat bastards skim off as much as they possibly can while meting out as little as they can get away with.
The public option must be a part of this health care reform or it is no reform at all. I know that I will immediately take the money I pay to Blue Cross for my high deductible half assed coverage and gladly give it to our government. They don't want the public option because soon everyone will be doing the same thing. Tough shit. Their greed should be their undoing.
I look forward to the day when these blood suckers are relegated to the shit pile of history.

Posted by: goddemsique at June 9, 2009 7:30 PM

We have got to get to a single payer system. The US pays way more per capita on health care than any other country, while our level of health care is nowhere near the top. Where is all that money going? To the insurance companies, who don't heal a soul. Get these vampires off of our health care system now!

Posted by: FlipOffReseaerch at June 9, 2009 7:30 PM

Bob, the only reason Blue Cross agreed to accept me with my preexisting back problem was that it was already covered by the VA system. My heart goes out.

Posted by: Matt Osborne at June 9, 2009 7:32 PM

I'm mad as hell....

Posted by: Imaginista at June 9, 2009 7:35 PM

Those salaries are obscene. When did this nation turn into the Ferengi? Anything for a buck, nothing else matters. Screwing your fellow man for cash is now considered honorable while having empathy is considered dangerous. Is there any hope for us?

Posted by: Mike in SLO at June 9, 2009 7:45 PM

No wonder my Aetna insurance went out of site this year. Couldn't afford it anymore. Now I have a cheaper policy and it pays for NO doctor visits.

Posted by: eve at June 9, 2009 8:35 PM

Osborne wrote:

Bob, the only reason Blue Cross agreed to accept me with my preexisting back problem was that it was already covered by the VA system. My heart goes out.

Yeah, when they hear I fractured a vertebra last year, and it happened because I was hit by a car. Whilst riding a road bike. The insurance people get sketchy -- with a capital $. Plus my wife also has a preexisting back injury.

Consequently, I'm one of those 40 million Americans without insurance.

My family and I used to be covered by my small business policy, at least until Blue Cross tripled the premium for no reason, forcing us to cancel the policy or go out of business.

God Bless America. And fuck the health insurance companies. Fuck 'em in the ear.

Posted by: Bob Cesca at June 9, 2009 8:51 PM

I haven't thought this through, but what would likely happen if we all stopped paying our health insurance premiums?

Posted by: girl du jour at June 9, 2009 9:30 PM

Screw the public option and these highly paid rapists too.

I don't want a fucking public option.

I want a SINGLE PAYER HEATH CARE SYSTEM.

I'll say the one more time, I want a SINGLE PAYER HEATH CARE SYSTEM.

Remove the fucking ripoff insurance companies from the picture. Their easy way of life is over. Find a new way to cheat people out of money. I'm tired of criminals being part of the Health care system.

The Republicans are criminal enablers. Highly paid enablers.

Posted by: ∇•B=0  Goddamn Silly Ratfaced Git  ∇•D=ρ at June 9, 2009 9:49 PM

Aetna = Effya.

Posted by: ßißiɱiɱi at June 10, 2009 2:04 AM

Git,

I'm with you. Any system that includes health insurers will, sooner or later, fuck real people. I sell the crap, too, and I can't stand it. The paltry fee they pay me they doesn't come close to covering my costs for dealing with the "issues" they create when they collect premium and refuse to pay claims.

In my business, if I fucked my clients the way these insurance corporations fuck theirs, I'd be in jail until I was dead. Plus, I'd owe millions in Federal SEC fines. But apparently, in the corporate world, ponzi schemes are legal.

Isn't it sad that we all know more than one family who has had their financial lives ruined by health insurers who refused to pay as promised? Why are we including them in our solution?

Bob, I feel for you, I really do. We may not agree on a whole lot, but when it comes to your health, I want you and especially your family to have REAL care without having to wait for an emergency because it's unaffordable. That you go without insurance makes me ashamed of America. I find it pathetic that conservatives are protecting a system that is holding the well-being of your family for ransom.

Well, at least we have the names of some people we can go steal the money from. Thanks for the list, Bob. ;>)


Posted by: ɹədoodʎʇɹɐdlɐɔıʇılod at June 10, 2009 8:51 AM



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