Tuesday, May 26, 2015

CEO Compensation

When I heard that Caterpillar CEO Doug Oberhelman's compensation package was $17.1 million last year, I was outraged.  http://www.chicagobusiness.com/article/20150420/NEWS05/150429973/caterpillar-hikes-ceo-pay-to-17-1-million

It turns out that he was the "poor little rich boy" compared to big Pharma. Johnson & Johnson CEO's comp was $25 million. http://www.forbes.com/sites/danmunro/2015/05/26/pharma-trumps-all-healthcare-sectors-in-executive-compensation/2/  It seems that healthcare is raking in the big bucks, "About 150 healthcare executives ‒ across 30 different companies (most publicly traded) ‒ took home about $960 million in annual compensation." 

With all this money at stake, we can see why we don't have universal healthcare. Money in our world equals power and they have the power to retain their positions of control over healthcare and our lives. 

According to a study released by Physicians for a National Healthcare, $375 billion dollars is wasted annually on billing and health related paperwork. 
http://www.pnhp.org/news/2015/january/375-billion-wasted-on-billing-and-health-insurance-related-paperwork-annually-stud 

We need a single payer system. We must demand and elect representatives who will work to this goal. We can also support non-profits such as Physicians for a National Health Program.  http://www.pnhp.org/

This link explains single payer/Medicare for All and tells ways to get involved in changing our current system.  http://www.pnhp.org/facts/what-is-single-payer

I hope the chart motivates you to get involved to change this corrupt system.


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