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Health Insurance - 10,000 people paying $10,000 per year

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FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:10 AM
Original message
Health Insurance - 10,000 people paying $10,000 per year
for a single Health Insurance CEO to be paid $1,000,000.00 per year - and no part of that goes to treat patients

William McGuire, of UnitedHealth Group - $124.8 million

Aetna Ronald A. Williams: $23 million

Cigna H. Edward Hanway: $25 million

Coventry Dale B. Wolf : $14 million

Health Net Jay M. Gellert: $3 million

Humana Michael McCallister: $10 million

U.Health Grp Stephen J. Hemsley: $13 million

WellPoint Angela Braly (2007): $9 million

L. Glasscock (2006): $23 million

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DesertFlower Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:11 AM
Response to Original message
1. ridiculous. some people
are paying more than their mortgage for health insurance.
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ThomCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 01:49 AM
Response to Reply #1
8. My health insurance costs the same as my rent every month.
:(

How many people can afford that?
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:13 AM
Response to Original message
2. they do make some money off the investing of the reserve funds so it wouldn't be

a straight dollar for dollar situation.
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abumbyanyothername Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:15 AM
Response to Original message
3. I think your math is a little off. Or a typo.
10,000 x 10,000 = $100,000,000.
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NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:22 AM
Response to Reply #3
6. +1 nt
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 12:15 AM
Response to Original message
4. Something has to be said about a progressive income tax.
Edited on Thu Aug-20-09 12:16 AM by Selatius
Does one really need $124.8 million to afford food, water, and shelter? Sure, the amount of money one receives beyond that should be determined by skill, but honestly, how much skill could one possibly have to attain an annual compensation of that amount. It's ridiculous and is devoid of any reality.
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Versailles Donating Member (384 posts) Send PM | Profile | Ignore Thu Aug-20-09 12:22 AM
Response to Reply #4
5. OOooh I know why they get that much!
They need that kind of salary just to pay for health insurance from their own company! :)
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Walk away Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 01:35 AM
Response to Original message
7. That was me up until last year.
Edited on Thu Aug-20-09 02:31 AM by Walk away
And I had a $1.000.00 deductable for testing and meds. And my insurance company is a not for profit. That's what you get after you fight cancer and I wasn't even insured when that happened.

Now I can only afford the most basic of coverage so I spend less on premiums but it doesn't really cover much until I'm in the hospital and even that has a huge deductible.

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ThomCat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 01:52 AM
Response to Reply #7
9. I am very, very sorry you are in that situation.
I hope that somehow we come out of this with a solution that will help you, and me too, so that we can both have affordable access to health care that will overlook our preexisting conditions.

The very term 'preexisting condition' and any euphemism that means the same thing should be banned from use. The actuary who invented this term should rot in hell if there was one. :(
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Walk away Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 02:18 AM
Response to Reply #9
10. Thanks, I hope the same thing and there are a whole lot of people..
much worse off than me. I'm really just trying to use my situation to make a point. My county in New Jersey has some of the highest rates in the country. If I lived thirty miles from here I'd be paying less (not enough to move, but still). I have been lucky enough to have friends who are good enough to help me keep some kind of insurance.

I think of the people with young kids who can't afford insurance for themselves but insure their kids knowing that if they get sick they can lose everything.



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paulsby Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-20-09 02:21 AM
Response to Original message
11. lol. nice "math"
geeez.

i hope the people who make policy aren't as bad at math as you are.

it's pretty basic that 1 million = 1 thousand times 1 thousand.

here's a hint. that does not equal TEN thousand times TEN thousand.

i'd say you are off by a WEE bit.
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