You know all those health industry lobbyists who say that the American healthcare industry will go broke if it has to take care of the health of Americans?
Every year since 2011 -- when ACA became law -- the CEOs of US health companies have averaged an 11% raise. Remember, that's 11 percent, every year.
Topping the list is John Martin who helmed Gilead Sciences to the tune of $863M since Obamacare's passage.
American health care is indeed dangerous and unstably expensive, and to fix that, America's health CEOs should be focusing on lower prices, eliminating unnecessary expenses, and coordinating care. Instead, America's health care industry is booming at the expense of American health, thanks to a focus on selling more drugs, performing more procedures and tests, raising prices and engaging in gimmicky stock-inflating tactics.
* Pharmaceutical and drug-related company CEOs made up 11 of the top 20 highest earners.
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