Well, it has been a week since I asked our representatives in Washington their position on HR 676. So far the response has been NADA.
I can’t say I’m surprised.
Maybe if I was from Louisville and my name was Michael McAllister I might already have a response. Michael McAllister is the CEO of Humana.
Some back ground according to Forbes Magazine:
He might not be the highest paid CEO, but Humana Inc. top boss Michael McCallister is the third best-performing chief executive for his pay, according to Forbes magazine.
The publication looked at the 500 biggest companies in the United States to determine which CEOs delivered the most "bang for their buck." Of those companies, Forbes found 189 CEOs who have been in office for at least six years and have at least six years of pay history. Those CEOs were ranked according to how well their companies' stock performance stood up to their pay over the past six years
McCallister, who has been Humana's CEO since 2000, came in at No. 3, with an annual return of 36 percent during his tenure. He has a six-year average compensation of $2.7 million.
How does he manage to survive with a paltry six-year average compensation of $2.7 million?
Think about this.
How does Humana get the best stock performance? By denying claims.
If Humana can pay this guy an average of $2.7 million a year and turn record profits, how many legitimate claims are they denying?
Or more simply put, how much pain, suffering and death are these money grubbing bureaucrats inflicting on the people they supposedly insure?