– Health insurance corporate CEOs rake in millions while the masses can barely afford premiums (Natural News, June 1, 2014):
One of the consequences of Obamacare is that health insurance company profitability is soaring, causing corporate CEOs of health insurance companies to pocket millions of dollars in annual salaries and bonuses. This is what happens when a government colludes with private industry to force the entire population to purchase a for-profit product that many don’t want (or need). Sales skyrocket and profits head for the stratosphere.
That’s why CEOs of the nation’s largest health insurance companies are raking in record salaries right now, earning as much as $90,000 per day:
Mark Bertolini, CEO of Aetna: $30.7 million ($90,029 per day)
(That’s a 131 percent increase over his 2012 compensation.)
Joseph Swedish, CEO of Wellpoint: $17.0 million ($49,853 per day)
Michael Neidorff, CEO of Centene: $14.5 million ($42,560 per day)
David Cordani, CEO of Cigna: $13.5 million ($39,589 per day)
Stephen Hemsley, CEO of UnitedHealth: $12.1 million ($35,484 per day)
Bruce Broussard, CEO of Humana: $8.8 million ($25,807 per day)
It begs the question: Is any corporate executive really worth $90,000 per day? That’s nearly three times the average annual salary of a U.S. worker… and the CEO earns this every day! What contribution could one human being possibly make to a company that could justify this?