Share of Cost, Stop pretending it was a government takeover of healthcare
If the Obama healthcare bill is just a “government
takeover,” why are healthcare industry CEOs being rewarded with so much
The alleged expropriation of healthcare by big government is,
of course, a major story line of the right and the new leadership of the House
which is planning the useless exercise of a vote to repeal the law.
But if the private companies who actually do control our
health are hurting so badly, why are they shelling out so much to their top
A report from Kaiser Health News exposes lavish pay
packages for some of the biggest players in the private healthcare industry. Billy
Tauzin, the head of PhRMA, raked in more than $9 million last year, for example,
while his counterpart Scott Serota at Blue Cross/Blue Shield earned a
comparitively-miserly $7.1 million.
Other major corporate healthcare figures receiving huge
executive pay packages were from the hospital, medical technology, and biotech