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Is Health Care the Next 'Bonusgate'?

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WillYourVoteBCounted Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-03-09 09:26 AM
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Is Health Care the Next 'Bonusgate'?


Is Health Care the Next 'Bonusgate'?
Sep 2, 2009 — energy panel asks 52 companies to cough up info on everyone who makes more than $500,000 a year. Insurers cry foul. Does health CEO pay matter?

By Jennifer Liberto
CNN

WASHINGTON - Earlier this year, public outrage boiled over with news of eye-popping pay to top executives on Wall Street.

White House officials later acknowledged they had misjudged the velocity and volume of furor triggered by "bonusgate," which raised the profile of corporate executive pay.

Could that happen now in health care?

Some of the known salaries are pretty big. Last year, the head of Cigna (CI, Fortune 500) made $11 million and the head of United Health Group (UNH, Fortune 500) made $9.4 million, according to the Corporate Library.

...And last week, Sen. John D. Rockefeller IV, D-W.Va., who runs the Senate Commerce panel, also asked the biggest health insurers to cough up particulars of premium dollars spent on patient care.

more at the link
http://www.prosperityagenda.us/node/1590



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