One of the consequences of Obamacare is that health care company profitability is soaring, causing corporate CEOs of health care companies to pocket millions of dollars in annual salaries and bonuses. This is what happens when a government colludes with private industry to force the entire population to purchase a for-profit product that many don’t want (or need). Sales skyrocket and profits head for the stratosphere.
That’s why CEOs of the nation’s largest health care companies are raking in record salaries right now, earning as much as $90,000 per day:
- Joseph Swedish, CEO of Wellpoint: $17.0 million ($49,853 per day)
- Michael Neidorff, CEO of Centene: $14.5 million ($42,560 per day)
- David Cordani, CEO of Cigna: $13.5 million ($39,589 per day)
- Stephen Hemsley, CEO of UnitedHealth: $12.1 million ($35,484 per day)
- Bruce Broussard, CEO of Humana: $8.8 million ($25,807 per day)
If you’re wondering where all this money is coming from, it’s coming out of the pockets of all the people who are forced to buy health care. And the trend is only getting worse as health care premiums have shot skyward under Obamacare for all but the lowest-income subsidized enrollees. As more and more middle-class workers and families are rudely discovering, health care is flatly unaffordable. It’s driving American families, small businesses and even cities and towns into bankruptcy.
Forcing Americans to buy the product didn’t make the product any cheaper. In fact, prices shot through the roof even while care companies increased their health care payment denials for cancer patients, leaving many patients out in the cold, dying from disease even though they had paid their premiums.
The real way to lower health care costs is to teach healthy living habits to the population. If government and media promoted vitamin D, fresh foods and avoidance of chemicals rather than pushing more drugs, pesticides and vaccines for everything under the sun, health care costs would plummet.
That is, of course, exactly why such strategies are never pursued: the health care industry is a for-profit industry, and hospital beds need to be filled! Drugs need to be sold. Clinics need repeat business. Nearly 25% of the entire U.S. economy depends wholly on the continuation of sickness and disease.
That’s why children are taught to eat sugary junk food and adults are taught to take a pill instead of taking charge of their health. That’s why health care usually doesn’t cover disease prevention services like chiropractic care, acupuncture or nutritional coaching. The system doesn’t want you to be healthy; it wants you to be a source of never-ending profit.
After all, these companies have to cough up as much as $90,000 a day just to pay their own CEOs. Do you honestly think they could collect that much money from a population in a state of optimum health?