Showing posts with label Affordable Care Act. Show all posts
Showing posts with label Affordable Care Act. Show all posts

06 November 2015

Well, Well, Well ... Who'da Thunk It?

What a surprise.

Top Officials With Failed Obamacare Co-Ops Made an Average of $245,000

Before 11 of the 23 nonprofit insurers created under Obamacare announced they would be closing their doors, the top executives running their operations raked in large sums of money.
[snip] The Affordable Care Act placed a $500,000 salary cap on co-op employees, and executives running the nonprofit insurers earned a high of $490,125—paid to Jerry Burgess, chief executive of Consumers’ Choice Health Insurance Cooperative in South Carolina—and a low of $46,524—paid to Joanne Hill of Colorado HealthOP in Colorado.

Whaaat? Government officials making huge salaries, and tax-funded agencies misbehaving, while the taxpayers get screwed over?

Who'd have ever guessed?