Health Insurance CEO Exploding Pay As They Promote The Repeal Of Obamacare–Simply Evil

[egbertowillies]

America, it is time to wake up. It is time to learn why the Affordable Care Act (ACA or Obamacare) must be defended vociferously.

The graphic on the left says it all. That is your money. Health Insurance companies are a cancer to our society. They are immoral as their executives make tens of thousands per day even as they deny coverage and healthcare to those who pay premiums and to the poor.

Obamacare is just the start. Ensuring that this evil, and immoral system of making huge profits from simply paying a medical bill will eventually end. It requires however that every American Citizen not fall for the coercive advertising these guys use to make us vote against our own interest.

The survival of the working middle class depends on you educating yourself on the issues. Disregard what you are hearing from a rabid Right Wing that is now lying and attempting to scare you into thinking all the wonderful outcomes of the Affordable Care Act are less than beneficial. Stay informed from reliable sources.
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[Turbineguy]

1. The best paying jobs in this country

are based on fucking over other people.

[Igel]

2. "Total compensation."

IMHO, that includes their salaries and expense accounts, their own health insurance, the amount of money set aside for retirement, as well as incentives like stock options.

The first is definitely money we insurance buyers pay. (Is it "your money"? I don't know. Do you consider the money that you get for your salary to really be owned by your boss' customers? At what point is it your employer's money, and when does it become your own personal money?)

If I begrudge others' health insurance and want it for myself, that's saying inequality and injustice are good as long as I have mine. That's the evil we accuse conservatives of, and at least some of us eagerly say we'd love to be guilty of that evil. It's bad if they do it, but sacred when we do it--but only they are hypocrites. Sorry, I can't go there. It involves both morals and morale.

They probably have really good health insurance, so maybe it should be just equalized. Same for retirement benefits. I'll leave aside that their employers approved the salary; I know I get really pissed when people tell me that I make too much or my benefits are too good when they're a few thousand dollars below median for the US. "Take it up with the board."

But the majority of his salary is likely to be stock options and non-cash, non-present payments. We progressives pushed for and hailed regulations that limited the kinds of remuneration CEOs could get back in the '70s and '80s. Having ordered CEOs and corporations to suit us, they found a the way around doing what we wanted (how dare them not do what we wanted!). That way was the use of stock options. That's really unfortunate, if only because it leads to absurdly short-term thinking on the part of CEOs. ('Gotta spike that stock price so I can cash out!')

In any event, stock options aren't insurance-payer money. It's stockholder money.