This is an excerpt from an article I just read on usatoday.com:
Outgoing Aetna chairman gets a $68.7 million goodbye
Ron Williams had a great final year at Aetna. The outgoing chairman of the nation’s third-biggest health insurer exercised stock options worth more than $50.3 million and pulled in $18.4 million in pay, stock and other compensation, according to the company’s 2011 proxy filing. Williams’ $68.7 million payout ranks among the highest of any 2010 compensation package.
Here's a link to the entire article if you want to read it:
www.usatoday.com/money
Now, I'm not a math whiz, but I can take $68.7 million and divide it by 365 days. Let's give Ron the benefit of the doubt and say that a high-level exec like him works every day of the year. His daily compensation?
$18,821. A
day.
I have Aetna medical insurance through work. I don't know what the company pays, but my contribution is roughly $1300 annually, and that's after I get a discount for not smoking and being fairly healthy. If Ron works a 12 hour day, he could pay my portion of the coverage for a full year with
one hour's work.
Now tell me again that our health care system isn't broken.