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Colorado Health Insurance Insider

Cutting edge health insurance analysis. Licensed broker assistance.

Salaries For Healthcare Executives

January 28, 2009 By Louise Norris

Jaan Sidorov hosted a great post-inaugural Health Wonk Review last week at the Disease Management Care Blog.   Head over there and check out the great articles – along with the virtual concert that accompanies the HWR.

One article that caught my eye was written by Roy Poses of the Health Care Renewal Blog.  Roy writes about a biotech company worth $27 million that paid its CEO $1million last year.  And in the same year, the company’s stock dropped 99.25%.  Wow.  As Roy mentioned, “you just can’t make this stuff up”.

Healthcare is a somewhat unique industry.  In the US, a large chunk of it is privately run, although calling it a free market system requires a somewhat warped view of basic economics.  Unlike just about every other private industry, healthcare is a necessity.  It’s an immediate necessity for people who are currently ill (my father would be dead in a matter of weeks without dialysis), and an assumed future necessity for pretty much everybody else (it’s a rare soul who lives to be 100 without ever needing medical attention, and then dies peacefully in her sleep).  With other private industries, we have more of a choice in terms of quality, price, and whether we want the product in the first place.

Related Articles:

  • United Healthcare
  • Healthcare reform, six years in
  • Healthcare Reform: The Path Forward

Filed Under: Health Care Goodies

About Louise Norris

Louise Norris has been writing about health insurance and healthcare reform since 2006. In addition to the Colorado Health Insurance Insider, she also writes for healthinsurance.org, medicareresources.org, Verywell, Spark by ADP, and Boost by ADP, and Gusto. Follow on twitter and facebook.

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