by Pa Rock
Social Commentator
I heard a tidbit on the radio yesterday saying that Ed Hanway, the CEO of Cigna Health Care, was making over $30 million a year in salary. The person giving the report said Hanway made more in a day than many people made in a year. That caught my attention, so I hit the internets and found a site - www.prosperityagenda.us - that listed the current salaries of the CEOs of insurance companies. Listed below are the top ten earners with their annual salaries followed by what that translates to as a daily rate. (I did the ciphering to figure the daily rate, so let me know if you find any errors.)
H. Edward Hanway, Cigna Corp. $30,160,000 ($82,360 daily)
Ronald A. Williams, Aetna, Inc. $23,045,834 ($63,139)
David B. Snow, Jr., Medco Health $21,760.000 ($59,616)
Dale B. Wolf, Coventry Health Care, $20,860,000 ($57,150)
Michael B. McAllister, Humana, Inc $20,060,000 ($54,959)
Jay M. Gellert, Health Net $16,650,000 ($45,616)
Stephen J. Hemsley, United-Health Group $13,164,529 ($36,067)
Raymond McCaskey, Health Care Service Corp (BC/BS) $10,300,000 ($28,219)
Angela F. Braley, Wellpoint $9,094,771 ($24,917)
Michael F. Neidorff, Centene Corp $8,750,751 ($23,975)
The salaries listed for Aetna's CEO, Ronald A. Williams, and that of Centene's CEO, Michael F. Neidorff were as of 2007, so they are undoubtedly doing better than that in 2009.
How does some maggot like Ed Hanway manage to spend $82,360 per day? What is his own health care plan like? (I've had Cigna, and sorry Ed, but I'll take government run health care any day over the crap-on-a-cracker that your company offers!) And what about a bonus? Does Big Ed get a bonus to help supplement his paltry eighty grand a day?
The government isn't going to go prying through your checkbook or publish your medical records on the Internet. It isn't - as the Liberty Council reported today - going to mandate sex change operations. And it damned sure isn't going to kill Gramma! Right now we suffer at the hands of health care monopolies. We pay big premiums for poor coverage so that some hog like Ed Hanway can eat the best slop and wallow in the finest mud. Medicare is government run health care and it works. Members of Congress have government run health care, and those greedy bastards are happy with it - but they don't want to share that benefit with with the poor schmucks who pay for Congressional health care.
The health care lobby is spending millions of dollars buying Senators and Congressmen, spreading lies as fast as their lobbyists can talk, and slinging shit at anything that moves. They make huge profits and give lousy service - it's a sweet gig - one they do not want to lose!
It's time for all Americans to have access to affordable health care. And it's time for Ed Hanway to get a real job!
