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Profit margins are down for health insurance companies because CEOs and execs. pay themselves enormous salaries! Get it now?
So you believe that if insurance companies limited their CEO etc. salaries and benefits etc. to, say, $70,000/year, their bottom lines would start showing higher profits in the long term?
Only in America do insurance executives, hospital executives and hospital administrators earn more than medical doctors!
That's because those three have to deal with arrogant, full-of-themselves government liberals and try to make them happy.
A far more difficult job than merely working on normal people after going through 12+ years of intensive training, holding their lives in your hands, and trying to save them.
So you believe that if insurance companies limited their CEO etc. salaries and benefits etc. to, say, $70,000/year, their bottom lines would start showing higher profits in the long term?
I think if the CEO salaries were limited to 70K/year, fewer companies would deny claims to enrich their personal pockets.
I think if the CEO salaries were limited to 70K/year, fewer companies would deny claims to enrich their personal pockets.
Exactly! Where would be the incentive for CEO's to make that denial feature paramount above all and employ even more cubicle denizens to facilitate it?
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