A Prescription for Treating Runaway CEO Pay

You’ve surely heard many things about the Affordable Care Act, including the website headaches that embarrassed the Obama administration during the new program’s rollout.But you probably didn’t realize that when you pay your premium today, you can rest assured that it’s paying for health care and not a CEO’s new yacht. You can thank the way ACA treats CEOs — and other executives — in the health care industry for that.Diet and exercise will cure anything, including bloated CEO pay.When lawmakers debated this landmark legislation, some members of Congress worried that it might produce a bonanza for health insurers by delivering millions of new customers to them practically overnight. Who would hold those companies accountable as all this new cash rolled into their coffers?Read More.Source: Institute For Policy Studies/By , .

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