The Hill News

If the Obama healthcare bill is just a "government takeover," why are healthcare industry CEOs being rewarded with so much money?

The alleged expropriation of healthcare by big government is, of course, a major story line of the right and the new leadership of the House which is planning the useless exercise of a vote to repeal the law.

But if the private companies who actually do control our health are hurting so badly, why are they shelling out so much to their top executives?

A report from Kaiser Health News exposes lavish pay packages for some of the biggest players in the private healthcare industry. Billy Tauzin, the head of PhRMA, raked in more than $9 million last year, for example, while his counterpart Scott Serota at Blue Cross/Blue Shield earned a comparitively-miserly $7.1 million.

Other major corporate healthcare figures receiving huge executive pay packages were from the hospital, medical technology, and biotech industry.

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