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« on: November 03, 2016, 05:44:56 PM »
- Peter Lee, executive director of Covered California. Lee has made well over $1 million running California’s Obamacare exchange. He received massive raises in the past two years, going from a salary of $262,644 in 2014 to $420,000 beginning this July. On top of that nearly $160,000 raise, Lee received two other whopping bonuses of $52,258 in 2014 and $65,000 in 2015—winning more in one lump sum than many families make in an entire year. Lee's enrolled in CA's state employee insurance. He won't enroll in the Obamacare exchanges.
-Centers for Medicare and Medicaid Services (CMS) Acting Administrator Andy Slavitt literally cashed in to the tune of over $4.8 million in stock options on joining the Obama administration, more than enough to forego any employer subsidy for his health coverage. He refused to answer question why he's not in the Obamacare exchanges.
-Health and Human Services Secretary Sylvia Burwell (net worth: $4.6 million) have plenty of financial resources to forego an employer subsidy and purchase exchange coverage. Even at a total premium of $15,000 for his family, one year’s insurance costs would total less than 0.3 percent of the stock gains from Obamacare. He too refused to answer why he's not on the exchanges.
-Urban Institute published a paper claiming that exchange coverage was actually cheaper than the average employer plan. One of the study’s authors, John Holahan, received a total of $313,932 in compensation in 2014—$267,051 in salary, and $46,881 in other compensation and benefits. Does Holahan therefore believe that giving up his subsidized benefits and relying “only” upon his $267,051 salary presents too great a sacrifice for him to bear financially? If he and his colleagues truly believe exchange plans are more efficient than employer coverage—as opposed to just coming up with a talking point to rebut Obamacare’s massive premium increases—then shouldn’t they enroll themselves? Nope, neither the authors of the report nor their employees are enrolled in the exchanges.
-Larry Levitt, a senior vice president at the Kaiser Family Foundation. Last week Levitt tweeted that exchange premium increases don’t apply to many people—a talking point that Drew Altman, Kaiser’s CEO, has also made in blog posts. Care to guess how much these scholars claiming exchange premium increases are overrated make themselves? According to Kaiser’s IRS filing, Levitt received $333,048 in salary and $48,563 in benefits in 2014. His boss, Altman, pulled down a whopping $642,927 in salary, $149,509 in retirement plan contributions, and a $13,545 expense account—nearly $806,000 in total compensation. Another irony is that neither one of them are on the exchange.
-Massachusetts Institute of Technology professor Jonathan “Stupidity of the American Voter” Gruber. Last week, Gruber said Obamacare “was working as designed” and that people who lost their coverage thanks to the law “never had real insurance to begin with.” Unfortunately, MIT’s tax filings don’t include his salary. However, given that Gruber’s infamous undisclosed contract with the Obama administration totaled nearly $400,000, and that he literally made millions from other contracts, it’s fair to say Gruber could afford to purchase his own health insurance outside his employer—if he wanted to. So ask whether he would give up his employer coverage to purchase the “real insurance” Obamacare provides. Wouldn’t you know, he too refused to answer.
Again, those the promote it and created it don't want it. Ask any Democrat politician if they got coverage from Obamacare... you might be surprised that very few is, majority are getting it from private insurance.
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