03 Dec 2009 A Public Option in Health Care Doesn’t Mean Low Overhead
One of the arguments proponents of the so-called “public option” in health care reform often make is that health insurance company executives make too much money.
I wonder how many of these people realize that almost 60 administrators in the British government’s National Health Service are paid more than the British prime minister?
The prime minister earns 194,000 British pounds (presently equivalent to $322,816 U.S.) a year.
An additional 290 NHS administrators earn more than 150,000 pounds (present U.S. equivalent = $249,600) annually.
But these public sector employees, being public servants, are more dedicated to their jobs than the average money-grubbing private health sector employee, right?
Maybe not. Seems NHS employees call in sick at one-and-a-half times the rate of private sector employees in Britain.