Top Officials With Failed Obamacare Co-Ops Made an Average of $245,000
Before 11 of the 23 nonprofit insurers created under Obamacare announced they would be closing their doors, the top executives running their operations raked in large sums of money.
[snip] The Affordable Care Act placed a $500,000 salary cap on co-op employees, and executives running the nonprofit insurers earned a high of $490,125—paid to Jerry Burgess, chief executive of Consumers’ Choice Health Insurance Cooperative in South Carolina—and a low of $46,524—paid to Joanne Hill of Colorado HealthOP in Colorado.
Whaaat? Government officials making huge salaries, and tax-funded agencies misbehaving, while the taxpayers get screwed over?
Who'd have ever guessed?