this post was submitted on 07 Dec 2024
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ID: image titled "Health Insurance CEOS and their pay:" above 8 photos of the CEO

Cigna, DAVID CORDANI $21M

WellCare, MICHAEL CARSON $23.5M

Humana, BRUCE BROUSSARD $16.3 M

CENTENE Corporation, SARAH LONDON $18.6 M

MOLINA HEALTHCARE, JOSEPH ZUBRETSKY $21.4 M

CVS Health, KAREN LYNCH $21.6 M

Elevance Health, GAIL BOUDREAUX $21.9 M

United Healthcare, BRIAN THOMPSON $10.2 M

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[–] iAvicenna 8 points 3 days ago (1 children)

they are all small compared to the shareholders who likely decide the company policies more than the CEOs

[–] [email protected] 1 points 3 days ago (1 children)

Here's a twist - YOU are the shareholder. One of them.

[–] iAvicenna 2 points 3 days ago (1 children)

well I sure am somehow buying products that probably goes to one of the shareholders' pockets that is for sure.

[–] [email protected] 3 points 3 days ago (1 children)

No, you are the shareholder because you receive your salary into a bank account which then automatically gets invested (and unless your bank is ripping you off you should be getting a monthly interest) and you have a pension which is also invested. You are an ACTUAL shareholder.

[–] iAvicenna 4 points 3 days ago* (last edited 3 days ago)

there is no monthly interest in regular accounts here unless you put it in a savers account. but yes I do and I know that my pension usually invests the money too without much flexibility on where to invest it in. so unless you are Ron Swanson there is no complete disconnection from this web. but the fix is easy: all I have to say is "individually major share holder" since those will be the ones deciding about company policies not me.

I think any company whose only shareholders are made up of people holding 0.000001% in shares wont suffer from the same consequences a company does when there are shareholders like %10, 20, 30 etc. Same difference between having billions or hundred thousands.