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$109 million plus 99 million in stock options!!!! This was in 2009.  More recently Blue Cross parent company CEO made $12 million plus.  State wide CEOS of Blue Cross and Blue Shield do not do as well but they are doing fine $600,000 plus.  

To me and most sane American citizens, this is obscene when health care dollars are spent not on health care, but returned to the private health care company for salaries and return on shareholder's investment, Wall Street.

Private health care insurance companies should just die.  They have and are still raping health care dollars for private gain.  

We need all health care dollars spent on patients not Wall Street or CEO's.  

And if we really wanted to save Medicare and Medicaid and solve our fiscal problems with the deficit, we would immediately go to a single-payer system with a government version of Blue Cross with all profits serving to prop up Medicare and Medicaid.

We do not have to have a deficit nor do we need to have private health care insurance companies.

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Comment Preferences

  •  The problem is that (3+ / 0-)
    Recommended by:
    Gary Norton, wader, VClib
    We need all health care dollars spent on patients not Wall Street or CEO's.  
    as long as we are operating under a system where health insurance is provided by private, for-profit companies, it's not "our" health care dollars and "we" don't get a say in what a private, for-profit company pays its CEO (unless of course, you are a shareholder, and then you can sell your shares if you are unhappy with it).  But as long as United Health Care is a private, for-profit company, they can pay their CEO whatever the Board of Directors thinks he/she is worth in terms of increasing the profitability of United Health Care.
  •  Frontline did a piece (4+ / 0-)
    Recommended by:
    virginia dare, wader, Homer177, kurt

    called "Sick Around the World" that can be viewed online.  It originally aired in 2009 when we were engaged in the health care debate.  One country, Switzerland, operates a system very much like ours with most health care provided through private insurance typically provided as a benefit of employment.  The main difference is that by law, insurance companies MUST be non profit.  The minister of health said that allowing them to operate for profit creates a conflict of interest.  For profit companies reduce coverage in favor of a profit whereas non profit companies improve their services because they are rated on the quality of service they provide.  This idea of American exceptionalism has poisoned our discourse.  If anyone dare suggest that another country does something better, then that person is considered to be unpatriotic.  The fact is, when one loves their country, they try to make it better for everyone much in the same way we discipline our children to make them more productive and better human beings. If we are truly exceptional, then we will investigate the evidence that is available  and make policy decisions based on facts.   That would truly show some American exceptionalism!

    “It is the job of the artist to think outside the boundaries of permissible thought and dare say things that no one else will say."—Howard Zinn

    by musiclady on Sun Nov 18, 2012 at 09:44:20 AM PST

    •  Yes, I saw that Frontline airing and I agree (2+ / 0-)
      Recommended by:
      wader, historys mysteries

      with you wholeheartedly, an exceptional nation we are not on providing affordable health care.

      There is a way to do this through the ACA by setting up a co-op type of health care company with health care dollars actually spent on patients health care and not returned to investors but maybe to prop up Medicare etc.

  •  No CEO is worth that! (1+ / 0-)
    Recommended by:
    kurt

    It's obscene and I hope the bastard gets an incureable disease. (sorry, this shit pisses me off)

    Only the weak & defeated are called to account for their crimes.

    by rreabold on Sun Nov 18, 2012 at 10:04:09 AM PST

  •  Please provide citations (0+ / 0-)

    that would make this article way more powerful.

    FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Sun Nov 18, 2012 at 10:28:56 AM PST

  •  United Health Care (0+ / 0-)

    Unfortunately I am stuck with United Health Care/Blue Cross Blue Shield.  My portion of the monthly primium went up over 10% again for the coming year.  The cost keeps going up, and the co-pays keep going up.  When I read how much these fucking assholes that run UHC are making, it pisses me off to no end.  I hope they all get something that their millions can't fix, and die a long and painfull death.  Fuck them.

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