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| . HEALTH CARE BOON-DOGGLES OBAMA ISN'T TALKING ABOUT! OBSCENE AND BLOATED SALARIES FOR PRIVATE INSURANCE COMPANY TOP EXECUTIVES. The health insurance companies have played a major role in our current healthcare crisis. They make huge profits and their CEOs make millions, while the rest of us are denied care. ANNUAL COMPENSATION OF HEALTH INSURANCE COMPANY EXECUTIVES (2006 and 2007 figures): • 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 • Dale B. Wolf, CEO, Coventry Health Care, $20.86 million • Michael B. MCallister, CEO, Humana Inc, $20.06 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 • Stephen J. Hemsley, CEO, UnitedHealth Group, $13,164,529 • Raymond McCaskey, CEO, Health Care Service Corp (Blue Cross Blue Shield), $10.3 million • Angela F. Braly, President/ CEO, Wellpoint, $9,094,771 Michael F. Neidorff, CEO, Centene Corp, $8,750,751 • Todd S. Farha, CEO, WellCare Health Plans, $5,270,825 • 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 • Daniel P. McCartney, CEO, Healthcare Services Group, Inc, $ 1,061,513 • Daniel Loepp, CEO, Blue Cross Blue Shield of Michigan, $1,657,555 Absurdly high health company executive pay is a big part of the problem. There are about 23 big health companies. Using United Healthcare as an example, their CEO was paid about $324 million over a five year period. For the 23 health insurance companies, that's about $7 billion just for just 23 CEOs. If you add in all the Vice Presidents and the "fat cats" on these companies' Boards of Directors, the 5-year cost is probably about $30 Billion just for these companies. If their pay was reduced by 90% in a public national health insurance scheme, that would go a long way toward providing more affordable health care. Let's say a government run health insurance program costs $10,000 for each family. This alone would pay the health insurance for more than 500,000 American families a year. The same argument can be made for the high costs of many others goods and services. See http://blogs.webmd.com/mad-about-medicine/2007/08/ceo-compensation-who-said-healthcare-is.html http://healthcare-economist.com/2006/02/14/united-health-ceo-earned-1248-million-in-2005/ What in the world do these executives do that could possibly justify these sky-high payments. Clearly, lack of conscience and compassion are the central features of their miserly characters. They are no more bothered by their ordering the denial of coverage to hundreds of thousands of desperate Americans than they are in gouging their shareholders out of many million dollars so they can make an extra 10 or 20 million dollars a year! They are guilty of murder for money, are they not? 
It's clear to most Americans that health insurance profits depend upon
reducing
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