American CEO’s make about 20 times as much as European CEO’s. My company is privately held so it is impossible to know how much the fat cats are making. I can guarantee that they haven’t taken a 9% decrease in salary and/or bonuses while these costs have gone up.
I got the following e-mail today:
“Health care costs continue to rise. We are continually reviewing our plan for ways to decrease our costs while providing you with the same level of benefits. Last year, we introduced new networks which have produced significant savings. This year, we started the Health Risk Appraisal program as a wellness initiative.
Our strategy is to pay roughly 80% of the plan cost and have the associate pay 20%. We will be raising the associate cost by 9% in 2007.”
Too bad none of the politicians have the balls to propose a nationalized healthcare system even in the most basic sense.
I got the following e-mail today:
“Health care costs continue to rise. We are continually reviewing our plan for ways to decrease our costs while providing you with the same level of benefits. Last year, we introduced new networks which have produced significant savings. This year, we started the Health Risk Appraisal program as a wellness initiative.
Our strategy is to pay roughly 80% of the plan cost and have the associate pay 20%. We will be raising the associate cost by 9% in 2007.”
Too bad none of the politicians have the balls to propose a nationalized healthcare system even in the most basic sense.