To: Road Walker who wrote (9918 ) 9/30/2009 7:57:22 PM From: John Koligman Read Replies (2) | Respond to of 42652 A bit of it here.... Regards, John <ggg> CEO Compensation: Who Said Health Care is in a Financial Crisis? Those of you who are struggling to PAY for your generic medicines or wondering why the doctor is charging you a $5.00 co-PAY, give some thought to these facts about how our health care dollars are allocated. At the end of this post, there is a list of 23 health companies I found on Forbes.com, what the CEO was paid in 2005, and the average paid to the CEO in the past five years. Imagine adding vice presidents, Board of Directors, stock holders and the other 200-300 other companies all cashing in on your health to that total at the bottom. Based on this, the next time you want to argue with your Primary Care doctor's front desk about a $5.00 co-PAY, remember that he makes an average of $149,000.00 per year. On the other hand -- using United Healthcare as an example -- your insurance company paid their CEO -- one man -- $324,000,000 over a recent five year period. If you are uninsured, try calling any one of these 23 CEOs and see if they will give you free insurance. BTW: 10% of 14.9 billion is 1.4 billion. If basic insurance costs $8,000/year for a family then taking 10% from just these CEO salaries would insure 35,000 Americans a year for five years. That is a lot of people that can be helped just by 23 men. Looking at the companies as a whole that profit from health care, we can probably PAY for every uninsured person in this country for decades to come. The numbers are numbing, which is why we should do something about this. United Health Group CEO: William W McGuire 2005: 124.8 mil 5-year: 342 mil Forest Labs CEO: Howard Solomon 2005: 92.1 mil 5-year: 295 mil Caremark Rx CEO: Edwin M Crawford 2005: 77.9 mil 5-year: 93.6 mil Abbott Lab CEO: Miles White 2005: 26.2 mil 5-year: 25.8 mil Aetna CEO: JOHN Rowe 2005: 22.1 mil 5-year:57.8 mil Amgen CEO: Kevin Sharer 2005:5.7 mil 5-year:59.5 mil Bectin-Dickinson CEO: Edwin Ludwig 2005: 10 mil 5-year:18 mil Boston Scientific CEO: 2005:38.1 mil 5-year:45 mil Cardinal Health CEO: James Tobin 2005:1.1 mil 5-year:33.5 mil Cigna CEO: H. Edward Hanway 2005:13.3 mil 5-year:62.8 mil Genzyme CEO: Henri Termeer 2005: 19 mil 5-year:60.7 mil Humana CEO: Michael McAllister 2005:2.3 mil 5-year:12.9 mil Johnson & Johnson CEO: William Weldon 2005:6.1 mil 5-year:19.7 mil Laboratory Corp America CEO: Thomas MacMahon 2005:7.9 mil 5-year:41.8 mil Eli Lilly CEO: Sidney Taurel 2005:7.2 mil 5-year:37.9 mil McKesson CEO: JOHN Hammergen 2005: 13.4 mil 5-year:31.2 mil Medtronic CEO: Arthur Collins 2005: 4.7 mil 5-year:39 mil Merck Raymond Gilmartin CEO: 2005: 37.8 mil 5-year:49.6 mil PacifiCare Health CEO: Howard Phanstiel 2005: 3.4 mil 5-year: 8.5 mil Pfizer CEO: Henry McKinnell 2005: 14 mil 5-year: 74 mil Well Choice CEO: Michael Stocker 2005: 3.2 mil 5-year: 10.7 mil WellPoint CEO: Larry Glasscock 2005: 23 mil 5-year: 46.8 mil Wyeth CEO: Robert Essner 2005:6.5 mil 5-year: 28.9 mil TOTAL 2005: 559.8 mil TOTAL 5-Year: 14.9 billion