Health Care Cost? It Not the Government! – Teachers.Net (Politics)

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Health Care Cost? It Not the Government!

by T.E.C. - Iowa

Jan 16, 2017

This is for all of the "fact-challenged" conservatives who love to say that the high cost of health care is because of the government. From Bloomberg News, the graph below is found in the article "If You Want to Be a Rich CEO, Work in Health Care."

A friend of mine likes to say, "There is something wrong with a society that allows someone to become a millionaire on the back of a six year old's cancer." It is much worse. The article says, "Topping the list is Patrick Soon-Shiong, chief executive officer of cancer-research firm NantKwest Inc., whose most recently disclosed pay package was valued at $329.7 million.

In a more general vein, the article says this:

(Quote)

Among the 200 top-paid U.S. executives at public companies, those in health care and pharmaceutical businesses were awarded average pay packages of $37 million in their most recent fiscal year, the most of any sector, according to the Bloomberg Pay Index...See More

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