James Pence Videos
Members of congress have the best health care our money can buy and the health care executives are raking in more money than most of us can imagine. So what's wrong with this picture? It's a picture painted by the same artist that painted the AIG piece, "Greed." They call themselves the free market Health Care Industry and will sell you insurance if your healthy and don't have a preexisting condition like breathing. Even right wing politicians like Louisiana Gov. Bobby Jindal understand that. Then they will tell us what hospitals we can go to,what Dr. we can see and have the right to change their minds at their convenience and there is no way to hold them accountable. Just like AIG they are stealing America blind!
WASHINGTON (AP) — If the global economy were a 100-yard dash, the U.S. would start 23 yards behind its closest competitors because of health care that costs too much and delivers too little, a business group says in a report to be released Thursday. The report from the Business Roundtable, which represents CEOs of major companies, says America's health care system has become a liability in a global economy.
Americans spend $2.4 trillion a year on health care. The Business Roundtable report says Americans in 2006 spent $1,928 per capita on health care, at least two-and-a-half times more per person than any other advanced country.
The free market Health Care Industry had a chance to do this right and just like AIG they lined their pockets, at our expense.
Crain's Detroit Business
Here was the compensation last year for several of the top executives at Blue Cross, according to documents filed with the state Office of Financial and Insurance Regulation.
• CEO Dan Loepp earned total compensation of $1.79 million in 2008. Loepp, who became CEO in July 2005, received $910,000 in base pay, $727,000 in bonus and $160,000 in other compensation. He earned $1.65 million in 2007.
• CFO Mark Bartlett earned $1.2 million in total compensation. Bartlett received $571,000 in base salary, $559,000 in bonuses and $108,000 in other compensation. He earned $1.17 million in 2007.
• D. Robertson, vice president of innovation and emerging markets, earned total compensation of $1 million. He earned $439,000 in 2007.
• Darrell Middleton, senior vice president of business efficiency and human performance, earned total compensation of $995,000. He earned $580,000 in 2007.
• Jean Carlson, senior vice president of subsidiary operations, earned total compensation of $960,000. She earned $707,000 in 2007.
• Kevin Seitz, executive vice president of health care value enhancement, earned total compensation of $936,000. He earned $877,000 in 2007.
Four other former Blue Cross executives received large retirement packages:
• Les Viegas, former executive vice president, received $3.46 million in total compensation. He earned $998,000 in 2007.
• William Smith, former executive vice president of operations, received $2.06 million. He earned $943,000 in 2007.
• John Austin, former senior vice present and chief actuarial officer, received $1.49 million. He earned $802,000 in 2007.
• Jann Cantelon, former vice president of group servicing and support, received $1.34 million. He earned $341,000 in 2007.
If that don't make you sick then I suggest nothing will. The so called free market had it's chance and blew it and now it's time to move on to a single payer system so if they screw one of us they screw all of us and then we can hold them accountable!