Should have gone with single payer
Somebody remind me why they didn't just pass single payer and cut these bloodsucking middlemen out of the equation?"
[More posts daily at The Detroit News]
WellPoint Inc. revealed Friday that it boosted its chief executive's compensation 51% last year, ...Chief Executive Angela F. Braly saw her total compensation shoot to $13.1 million, from $8.7 million a year earlier, according to a filing with the Securities and Exchange Commission. At least three other WellPoint executives got compensation increases of as much as 75%."WellPoint defended the pay increases, saying they reflected the company's overall positive performance in 2009. Its stock price rose 38.4% last year to $58.29, from $42.13 in 2008." Yet they had to raise individual policy rates up to 39% for "adminsitrative costs?" What the hell do these people do that is worth that much money, besides kill people with their greedy moneygrubbing I mean.
Finance chief Wayne DeVeydt took home $7.2 million, up from $4.1 million in 2008. Ken Goulet, the head of WellPoint's commercial business unit, got $4.4 million, up from $2.7 million. Dijuana Lewis, the head of its comprehensive health solutions unit, got $4.5 million, up from $2.7 million.
[More posts daily at The Detroit News]
Labels: Congress, health care, legislation
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