Ripe for abuse? You don't think total compensation of $102 million paid to Steven Helmsley, CEO of United Healthcare is abuse? That amounts to $49,000 per hour (at least its a "living wage") or one dollar out of ever $700 spent on healthcare paid Steven.
Billionaire Insurance CEO’s – $102k per hour salaries | Deep Something
Executive compensation and the rising cost of health care
In America, we have simply done a nice job privatizing our corruption.
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Poignant comments from a discussion blog on the subject:
Responses to $102 Million Payout To United Healthcare CEO Draws Outrage
1) This type of compensation is not only disgusting its a testimony of the dysfunctional state of Medicine. I am a physician still struggling to pay off my 350,000 dollars of medical school loans. It takes roughly 13 years of sweat, toil and expertise to attain a medical degree and truly save lives. Physcians are prisoners to the machine of greedy, health care executives that care nothing about patients. They seek to minimize cost by restricting care to afford more money in there pocket.
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Daniel DeBold on August 20, 2013 at 8:40 pm
2) I support raises for health care providers but I am outraged by the CEO’s salary of health insurance companies. I am a psychotherapist who hasn’t seem more than a 3% raise in my salary in the past three years. This is beyond unethical. I’m sure his lawyers and the lawyers of these big insurance companies have figured out how to make them rich. If you have any ideas on how to stop this please let me know. I have already notified my representatives in Washington but I have doubts that it will doing any good. I certainly will not do business with United Health Care.
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Jim B on November 29, 2011 at 12:45 pm
3) Just notified of a 45% increase in premium costs from United Healtcare.
This is insane!!
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Bob Trotta on November 29, 2011 at 7:18 pm
4) I too am wondering about the sad state of affairs. I have UHC, which I pay plenty for health coverage, but when I have used it – get nothing but “lip service” for daring to use what I’m paying for. Why? To keep the fat a??holes in their ivory towers fatter…at least the *ucking wallets! They didn’t cover an E/R visit when I was extremely ill, they didn’t cover for radiology services needed and their rude, unhelpful services reps suck at helping their customers who are paying their miserable salaries. The entire health care system is riddled with fraud, thieves and liars…all out to get their hands on your hard-earned dollars however and whenever they can. It’s way pass time for reform and controls on how much CEO’s are allowed to earn while raping their customers over hot coals and laughing their butts off as they deposit our dollars meant to care for our healthcare needs. The lousy sobs should be thrown in jail for their thievery. Until mass amounts of consumers in the US of A gets off their butts to raise the roof, things will remain the same or worst continue to grow worst as foreign soils laugh at the stupidity of Americans, so unwilling to take a stand, by even bothering to vote for a different candidate to start a process of stopping the insanity. We are all affected by apathy to taking a stand and making a difference for the good of the people, by the people and for the people.
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Claude Arfaras on October 29, 2012 at 3:32 pm
5) As a country we tend to reward bad behavior. In Md Roscoe Barlett was bought by the health care insurance industry his first time out- we’re still stuck with him 20 years later. He has taxpayer provided helath care- the best. The insurance industry spends billions to buy elected officials. But won’t pay for soooo many things for health. People clean house in the House of Rep. this year,
I have UHC- they lie, cheat and steal- don’t ask to speak with a person in charge you could be dead by the time they get back to you. IF you can get a phone number.
I have been a healthcare executive for over 27 years helping patients and their families through the healthcare system. United is one of the biggest abusers of our system by denying needed care to patients, denying claims, etc.,
This is how the CEO received $102 million – he set up a system whereby premiums paid by hard working citizens are not used to pay claims and are not used to authorize treatment. Instead, they pay his compensation.
Once again, socialized healthcare is the only answer to the problem in America. We already have the “haves” and “have-nots”. When will America wake up and realize this?
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Gary Gonzales on October 30, 2012 at 3:11 pm
6) When is enough enough – it is time for the middle class to take this country over again. The low to middle income people are bearing the brunt of the corporate greed now. It is so sick to note the salaries of the company’s upper management while the employees get crap. It is time for a revolution. You can see it coming and I hope the low and middle class people take over. The fat cats in companies and government need to go now. WE have become a country of greed.
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Brian on February 5, 2013 at 11:14 am
7) This is the same company that has refused to issue me
an ID card, in effect denying me access to health care.
Impossible to talk to anyone there – that should give
you a clue when you hold for 45 min and still cant’t
talk to anyone – as if that would help! They have no
problem in raking in the premiums though!
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Roy on March 26, 2013 at 12:35 am
8) Just received another benefit/member(what a joke) card from UHC,first one in the third week of April, second one around two weeks later. The card received in April stated deductibles at $2500 ind. & $7500 family. In may, the new card had raised the plan deductible to $5000 ind. & 15000 family + raised ER visit from $300 to $500. No explanation, cant get an answer on the phone. There attitude is “just shut the f*** up and pay” And they will get away with the increases they charge you, and will pay out less as obama care goes into effect. Because that is the law of the land by the corporation, for the corporation. Forget liberty and justice and the rest of that independence crap, that has been tossed out the window in favor of profit for the 1%.
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Ms Ann on June 3, 2013 at 10:06 pm
The American healthcare system is sick!