Median MBL,NBA,NFL top ten players is: $20,951,066

[Brain357]

What the crowd on the right doesn't seem to understand is, this is a multifaceted problem. It's not just about taxes but they always gravitate to the one dimensionally focused mind they have.The very notion of how the top take a disproportional share of the profit is the problem.
No matter how much they argue it is their right, they take away the right of collective bargaining because the workers want their Fair share.

What is "their fair share"???

Here is an industry and you tell me where "Workers" fair share would come from???
Health Insurance industry.
NOT being economically salient.. you probably won't understand much less believe this BUT.
Are you aware that for every $1 in insurance premium that comes in 80¢ goes out in paying the claims? I know you don't believe and here is the proof!
As of 2007, the average US medical loss ratio for private insurers was 81%
Loss ratio - Wikipedia, the free encyclopedia

So what are the health insurance companies "EVIL" profits as percent of premiums?
I've posted several times before about the profitability of the "Health Care Plans" industry, see posts here and here, and reported previously that the health insurance industry ranked #86 by profit margin out of 215 industries, at 3.3%. -
CARPE DIEM: Health Insurance Companies Rank #88 by Industry Profit Margin, Earning $100-200 on Avg. per Policy

3.3% and THAT's BEFORE taxes!
So that is AFTER subtracting 15.7% for:

A) pay salaries, utilities,office rent,computers, supplies,
B) make a profit because STATE insurance regulators require companies to have reserves to pay future claims... "reserves" come from evil profits!


AGAIN remember 81% of revenue PAYS CLAIMS!.. i.e. Medical loss ratio!

3.3% profit used to build reserves AFTER paying taxes!

So where would you get more money for "Workers fair share"????

Of course all this goes WAY over your head as you were lost at the "medical loss ratio" issue!



So that leaves out of

So why do health insurance executives make gross amounts of money?
Top health insurance bosses earn millions - Connecticut Post

 

[healthmyths]

What the crowd on the right doesn't seem to understand is, this is a multifaceted problem. It's not just about taxes but they always gravitate to the one dimensionally focused mind they have.The very notion of how the top take a disproportional share of the profit is the problem.
No matter how much they argue it is their right, they take away the right of collective bargaining because the workers want their Fair share.

What is "their fair share"???

Here is an industry and you tell me where "Workers" fair share would come from???
Health Insurance industry.
NOT being economically salient.. you probably won't understand much less believe this BUT.
Are you aware that for every $1 in insurance premium that comes in 80¢ goes out in paying the claims? I know you don't believe and here is the proof!
As of 2007, the average US medical loss ratio for private insurers was 81%
Loss ratio - Wikipedia, the free encyclopedia

So what are the health insurance companies "EVIL" profits as percent of premiums?
I've posted several times before about the profitability of the "Health Care Plans" industry, see posts here and here, and reported previously that the health insurance industry ranked #86 by profit margin out of 215 industries, at 3.3%. -
CARPE DIEM: Health Insurance Companies Rank #88 by Industry Profit Margin, Earning $100-200 on Avg. per Policy

3.3% and THAT's BEFORE taxes!
So that is AFTER subtracting 15.7% for:

A) pay salaries, utilities,office rent,computers, supplies,
B) make a profit because STATE insurance regulators require companies to have reserves to pay future claims... "reserves" come from evil profits!


AGAIN remember 81% of revenue PAYS CLAIMS!.. i.e. Medical loss ratio!

3.3% profit used to build reserves AFTER paying taxes!

So where would you get more money for "Workers fair share"????

Of course all this goes WAY over your head as you were lost at the "medical loss ratio" issue!



So that leaves out of

So why do health insurance executives make gross amounts of money?
Top health insurance bosses earn millions - Connecticut Post

YOU SAID IT!!! THEY EARN IT! Dummy!
What the f...k do you do that is comparable to:

A) Signing a financial statement veracity that if you don't YOU GO to JAIL? Are you aware that these evil money grubbing CEOs have that responsibility?
B) What kind of job do you have that depends on YOUR skills and knowledge that affects literally AFFECTS millions of peoples lives?
These executives make decisions that YOU have NO guts to make!

Yet idiots like you are willing to sit in the stands and watch guys in shorts jump up and down... and they take YOUR money to do it!

The biggest problem with people like you is truly ignorance!
YOU are truly so dumb you don't even know how dumb you really are!

 

[KNB]

Guess how much the owners of the teams make? It's a lot more than the players.

 

[Brain357]

What is "their fair share"???

Here is an industry and you tell me where "Workers" fair share would come from???
Health Insurance industry.
NOT being economically salient.. you probably won't understand much less believe this BUT.
Are you aware that for every $1 in insurance premium that comes in 80¢ goes out in paying the claims? I know you don't believe and here is the proof!
As of 2007, the average US medical loss ratio for private insurers was 81%
Loss ratio - Wikipedia, the free encyclopedia

So what are the health insurance companies "EVIL" profits as percent of premiums?
I've posted several times before about the profitability of the "Health Care Plans" industry, see posts here and here, and reported previously that the health insurance industry ranked #86 by profit margin out of 215 industries, at 3.3%. -
CARPE DIEM: Health Insurance Companies Rank #88 by Industry Profit Margin, Earning $100-200 on Avg. per Policy

3.3% and THAT's BEFORE taxes!
So that is AFTER subtracting 15.7% for:

A) pay salaries, utilities,office rent,computers, supplies,
B) make a profit because STATE insurance regulators require companies to have reserves to pay future claims... "reserves" come from evil profits!


AGAIN remember 81% of revenue PAYS CLAIMS!.. i.e. Medical loss ratio!

3.3% profit used to build reserves AFTER paying taxes!

So where would you get more money for "Workers fair share"????

Of course all this goes WAY over your head as you were lost at the "medical loss ratio" issue!



So that leaves out of

So why do health insurance executives make gross amounts of money?
Top health insurance bosses earn millions - Connecticut Post

YOU SAID IT!!! THEY EARN IT! Dummy!
What the f...k do you do that is comparable to:

A) Signing a financial statement veracity that if you don't YOU GO to JAIL? Are you aware that these evil money grubbing CEOs have that responsibility?
B) What kind of job do you have that depends on YOUR skills and knowledge that affects literally AFFECTS millions of peoples lives?
These executives make decisions that YOU have NO guts to make!

Yet idiots like you are willing to sit in the stands and watch guys in shorts jump up and down... and they take YOUR money to do it!

The biggest problem with people like you is truly ignorance!
YOU are truly so dumb you don't even know how dumb you really are!

I see, so margins are so tight that the CEOs make millions and millions.

 

[healthmyths]

So why do health insurance executives make gross amounts of money?
Top health insurance bosses earn millions - Connecticut Post

YOU SAID IT!!! THEY EARN IT! Dummy!
What the f...k do you do that is comparable to:

A) Signing a financial statement veracity that if you don't YOU GO to JAIL? Are you aware that these evil money grubbing CEOs have that responsibility?
B) What kind of job do you have that depends on YOUR skills and knowledge that affects literally AFFECTS millions of peoples lives?
These executives make decisions that YOU have NO guts to make!

Yet idiots like you are willing to sit in the stands and watch guys in shorts jump up and down... and they take YOUR money to do it!

The biggest problem with people like you is truly ignorance!
YOU are truly so dumb you don't even know how dumb you really are!

I see, so margins are so tight that the CEOs make millions and millions.

And of course YOU stupidly think the "millions" are salaries right????
Idiots of business operations think when you read Median CEO makes $10.5 million that was for ALL CEOs right?
You didn't read prior statements... PLEASE don't show your ignorance by NOT reading FIRST... then give a educated opinion!

Median CEO Pay Crosses $10 Million
It is rare to see such a misleading headline.
It is simply far from the truth, but news outlet after news outlet is running with the absurd claim.
According to the Census Bureau, at the end of 2103, there were 400,400 CEOs in the U.S. Of those, 92% earned less than $1 million, never mind $10 million.
Only 2%, according to the CB data, earned over $3 million.
77% earned less than $500,000.

So what is with the misleading headline?

It turns out that AP is only talking about companies in the S&P 500.
That is, it is not about overall pay, but the pay of CEOs at some of the largest companies in America.
The head of a Standard & Poor's 500 company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.
EconomicPolicyJournal.com: The Bizarre Claim That the Average CEO Makes Over $10 Million

And this was NOT correct because of the total 400,000 CEOs the AVERAGE salary is $616,000!

Less then 8,000 CEOS make over $3,000,000 in salary...

I am so tired of imbeciles like you that TAKE The exception and make it the rule! "Median CEO pay Crosses $10 million" Perfect example!
Why can't you form an opinion based on information that doesn't come from 30 second tv anchor or headline?
THINK!!!

 

[1776]

Liberals like mostly blacks and Hispanics with poor educations and poor English making millions compared to white males running billion dollar companies which employ millions.

LeBron James isn't worthy to be compared to a CEO that runs a billion dollar company, he is a joke.

 

[LogikAndReazon]

Thats really unfair and smacks of injustice....just imagine the plethora of bleeding heart causes, wishes, and wants socialists could address with that unearned money.... Lol

 

[boilermaker55]

If it is such an unprofitable system, the private insurance industry, tell me how many of the top 10 or 20 have declared bankruptcy in the past 10 yrs.
Why do the CEO's get compensated so richly? How to they set the matrix for their compensation?
Care to tell us.
The thread though is about taking the LARGE profits from an "industry" and splitting it in a more equitable manner. For those that don't quite understand the statement, look up the term in your dictionary.

What the crowd on the right doesn't seem to understand is, this is a multifaceted problem. It's not just about taxes but they always gravitate to the one dimensionally focused mind they have.The very notion of how the top take a disproportional share of the profit is the problem.
No matter how much they argue it is their right, they take away the right of collective bargaining because the workers want their Fair share.

What is "their fair share"???

Here is an industry and you tell me where "Workers" fair share would come from???
Health Insurance industry.
NOT being economically salient.. you probably won't understand much less believe this BUT.
Are you aware that for every $1 in insurance premium that comes in 80¢ goes out in paying the claims? I know you don't believe and here is the proof!
As of 2007, the average US medical loss ratio for private insurers was 81%
Loss ratio - Wikipedia, the free encyclopedia

So what are the health insurance companies "EVIL" profits as percent of premiums?
I've posted several times before about the profitability of the "Health Care Plans" industry, see posts here and here, and reported previously that the health insurance industry ranked #86 by profit margin out of 215 industries, at 3.3%. -
CARPE DIEM: Health Insurance Companies Rank #88 by Industry Profit Margin, Earning $100-200 on Avg. per Policy

3.3% and THAT's BEFORE taxes!
So that is AFTER subtracting 15.7% for:

A) pay salaries, utilities,office rent,computers, supplies,
B) make a profit because STATE insurance regulators require companies to have reserves to pay future claims... "reserves" come from evil profits!


AGAIN remember 81% of revenue PAYS CLAIMS!.. i.e. Medical loss ratio!

3.3% profit used to build reserves AFTER paying taxes!

So where would you get more money for "Workers fair share"????

Of course all this goes WAY over your head as you were lost at the "medical loss ratio" issue!



So that leaves out of

 

[1776]

High school dropout making millions playing football, baseball or basketball because they are a freak athlete.....liberal idol.

CEO with a MBA/JD from an Ivy League school and worked hard for 30 years to get their high paying "business world" job.....liberal target.

 

[reconmark]

So tell everyone Health do you have a problem with actors and athletes making this much dough? If not then stfu because responding about "highlighting someone hypocrisy" doesnt work when you are being a hypocrit your dam self.

OF COURSE I don't have a problem! Why would I? I'm all in favor of anyone who can elevate themselves to a totally independent of government assistance because if WE ALL including YOU were using all our talents and energy in making ourselves independent
there would be a lot more happiness in this world.!

MY point was the totally biased and tremendous hatred people like you and those envious of CEOs that make less per decision affecting more people's lives then most people!

That's the problem! Bias against people that strive to be better, wether a business person, athlete or actor!
That same bias against business people should be against the athlete or actor then!

Why do some people have a habit of starting stupid thread???

When was the last time an athlete or actor made millions more because their decisions resulted in hundreds or thousands of employees to be laid off or fired??

 

[reconmark]

High school dropout making millions playing football, baseball or basketball because they are a freak athlete.....liberal idol.

CEO with a MBA/JD from an Ivy League school and worked hard for 30 years to get their high paying "business world" job.....liberal target.

Link or STFU!!!!!

 

[Indeependent]

And once again Health, athletes don't testify before Congress to replace Americans with business visas.
Or is that too much for your mind to comprehend.

 

[edthecynic]

Speaking of hypocrisy, what's the hypocrisy of thinking CEO's don't make enough but teachers make too much?

Prove it!
Where in the hell has there been anyone complaining about teachers? !

Do you believe he asked that question??? good lord

It's the Right's perpetual dumb act which is how they rationalize lying, if they pretend to be too stupid to know they are lying then they are telling the truth.

I'm sure he remembers that when Walker ended collective bargaining all you heard from the Right was teachers earned almost double what the average citizen earned, and they did not limit it to just teachers salaries, they included all benefits. I wouldn't be surprised if healthmyths made the claim too!

 

[Brain357]

YOU SAID IT!!! THEY EARN IT! Dummy!
What the f...k do you do that is comparable to:

A) Signing a financial statement veracity that if you don't YOU GO to JAIL? Are you aware that these evil money grubbing CEOs have that responsibility?
B) What kind of job do you have that depends on YOUR skills and knowledge that affects literally AFFECTS millions of peoples lives?
These executives make decisions that YOU have NO guts to make!

Yet idiots like you are willing to sit in the stands and watch guys in shorts jump up and down... and they take YOUR money to do it!

The biggest problem with people like you is truly ignorance!
YOU are truly so dumb you don't even know how dumb you really are!

I see, so margins are so tight that the CEOs make millions and millions.

And of course YOU stupidly think the "millions" are salaries right????
Idiots of business operations think when you read Median CEO makes $10.5 million that was for ALL CEOs right?
You didn't read prior statements... PLEASE don't show your ignorance by NOT reading FIRST... then give a educated opinion!

Median CEO Pay Crosses $10 Million
It is rare to see such a misleading headline.
It is simply far from the truth, but news outlet after news outlet is running with the absurd claim.
According to the Census Bureau, at the end of 2103, there were 400,400 CEOs in the U.S. Of those, 92% earned less than $1 million, never mind $10 million.
Only 2%, according to the CB data, earned over $3 million.
77% earned less than $500,000.

So what is with the misleading headline?

It turns out that AP is only talking about companies in the S&P 500.
That is, it is not about overall pay, but the pay of CEOs at some of the largest companies in America.
The head of a Standard & Poor's 500 company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.
EconomicPolicyJournal.com: The Bizarre Claim That the Average CEO Makes Over $10 Million

And this was NOT correct because of the total 400,000 CEOs the AVERAGE salary is $616,000!

Less then 8,000 CEOS make over $3,000,000 in salary...

I am so tired of imbeciles like you that TAKE The exception and make it the rule! "Median CEO pay Crosses $10 million" Perfect example!
Why can't you form an opinion based on information that doesn't come from 30 second tv anchor or headline?
THINK!!!

So I guess you don't want to discuss how much ceo's in health insurance get paid. It is quite a lot for such a low margin business.

Yes those ceo's are hardly making anything:

Top 50 Highest-Paid CEOs - ABC News

 

[1776]

Yeah shit-eater...you are that fucking stupid.

High school dropout making millions playing football, baseball or basketball because they are a freak athlete.....liberal idol.

CEO with a MBA/JD from an Ivy League school and worked hard for 30 years to get their high paying "business world" job.....liberal target.

Link or STFU!!!!!

 

[whitehall]

Salaries for sports and movie stars are obscene but strangely enough you don't see lefties protesting even when "stars" flaunt their obscene wealth.

 

[Brain357]

Salaries for sports and movie stars are obscene but strangely enough you don't see lefties protesting even when "stars" flaunt their obscene wealth.

Some CEO decided to pay them that much. Blame the CEO.

 

[healthmyths]

I see, so margins are so tight that the CEOs make millions and millions.

And of course YOU stupidly think the "millions" are salaries right????
Idiots of business operations think when you read Median CEO makes $10.5 million that was for ALL CEOs right?
You didn't read prior statements... PLEASE don't show your ignorance by NOT reading FIRST... then give a educated opinion!

Median CEO Pay Crosses $10 Million
It is rare to see such a misleading headline.
It is simply far from the truth, but news outlet after news outlet is running with the absurd claim.
According to the Census Bureau, at the end of 2103, there were 400,400 CEOs in the U.S. Of those, 92% earned less than $1 million, never mind $10 million.
Only 2%, according to the CB data, earned over $3 million.
77% earned less than $500,000.

So what is with the misleading headline?

It turns out that AP is only talking about companies in the S&P 500.
That is, it is not about overall pay, but the pay of CEOs at some of the largest companies in America.
The head of a Standard & Poor's 500 company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.
EconomicPolicyJournal.com: The Bizarre Claim That the Average CEO Makes Over $10 Million

And this was NOT correct because of the total 400,000 CEOs the AVERAGE salary is $616,000!

Less then 8,000 CEOS make over $3,000,000 in salary...

I am so tired of imbeciles like you that TAKE The exception and make it the rule! "Median CEO pay Crosses $10 million" Perfect example!
Why can't you form an opinion based on information that doesn't come from 30 second tv anchor or headline?
THINK!!!

So I guess you don't want to discuss how much ceo's in health insurance get paid. It is quite a lot for such a low margin business.

Yes those ceo's are hardly making anything:

Top 50 Highest-Paid CEOs - ABC News

First maybe idiots like you need a little financial education!
Definition of 'Gross Profit Margin'
A financial metric used to assess a firm's financial health by revealing the proportion of money left over from revenues after accounting for the cost of goods sold. Gross profit margin serves as the source for paying additional expenses and future savings.
UnitedHealth Group Gross Profit Margin (Quarterly):23.99% for March 31, 2014
AGAIN after deducting cost of goods i.e. CLAIMS paid out... leaves.. 23.99%...

So idiot what are the gross REVENUES of United Healthcare??
2011 Full Year Revenues of $102 Billion
in 2011 Net Income Before Tax 7.383 billion.. or 6%!!!!

Now what was United HealthCare's CEO the HIGHEST PAID CEO... Stephen J. Hemsley
A) Salary as a percent of gross profit margin?
United Gross Operating expenses were 23.99% of $ 102 billion or $24 billion...
A) Hemsley salary (HIS SALARY) $1.30 million or 0.005% of the $24 billion!
B) Hemsley bonus $3.4 million or 0.013%!
C) Hemsley had stock options which he exercised... I.E. HE PAID out of his own pocket to buy stock at a lower price!
His capital gains were $43.5 million WHICH DID NOT COME FROM the company's cost of doing business so why is it counted as compensation????

Do you comprehend the gross misinformations idiots like you are laboring under???

The so called "compensation" of $48 million makes it appear the COMPANY PAID Hemsley i.e. COMPENSATED out of revenues !
THEY didn't! He paid for stock options out of his own money and the stock appreciated! HAD NOTHING to do with the company PAYING his $43.5 million!!!

Stephen J Hemsley has been CEO of UnitedHealth Group (UNH) for 5 years.
Mr. Hemsley has been with the company for 15 years.
The 59 year old executive ranks 2 within Health Care Equipment & Services

• Hemsley compared to median of CEOs of Health Care Equipment & Services Medians
• Salary $1.30 mil $1.02 mil
• Bonus $3.40 mil $1.61 mil
• Other $0.58 mil $1.40 mil
• Stock Gains $43.55 mil $1.00 mil
• Total $48.835 mil $7.89 mil

#8 Stephen J Hemsley - Forbes.com

So until you idiots learn how to comprehend what these so-called EVIL CEOs being paid millions... get some facts!
over 70% of the so called "compensation" IS NOT included in the operating expenses of the company!
DO YOU UNDERSTAND???

 

[RoshawnMarkwees]

The American people are the CEO's of our elected government. How do those salaries compare?

 

[Brain357]

And of course YOU stupidly think the "millions" are salaries right????
Idiots of business operations think when you read Median CEO makes $10.5 million that was for ALL CEOs right?
You didn't read prior statements... PLEASE don't show your ignorance by NOT reading FIRST... then give a educated opinion!

Median CEO Pay Crosses $10 Million
It is rare to see such a misleading headline.
It is simply far from the truth, but news outlet after news outlet is running with the absurd claim.
According to the Census Bureau, at the end of 2103, there were 400,400 CEOs in the U.S. Of those, 92% earned less than $1 million, never mind $10 million.
Only 2%, according to the CB data, earned over $3 million.
77% earned less than $500,000.

So what is with the misleading headline?

It turns out that AP is only talking about companies in the S&P 500.
That is, it is not about overall pay, but the pay of CEOs at some of the largest companies in America.
The head of a Standard & Poor's 500 company earned a record $10.5 million, an increase of 8.8 percent from $9.6 million in 2012, according to an Associated Press/Equilar pay study.
EconomicPolicyJournal.com: The Bizarre Claim That the Average CEO Makes Over $10 Million

And this was NOT correct because of the total 400,000 CEOs the AVERAGE salary is $616,000!

Less then 8,000 CEOS make over $3,000,000 in salary...

I am so tired of imbeciles like you that TAKE The exception and make it the rule! "Median CEO pay Crosses $10 million" Perfect example!
Why can't you form an opinion based on information that doesn't come from 30 second tv anchor or headline?
THINK!!!

So I guess you don't want to discuss how much ceo's in health insurance get paid. It is quite a lot for such a low margin business.

Yes those ceo's are hardly making anything:

Top 50 Highest-Paid CEOs - ABC News

First maybe idiots like you need a little financial education!
Definition of 'Gross Profit Margin'
A financial metric used to assess a firm's financial health by revealing the proportion of money left over from revenues after accounting for the cost of goods sold. Gross profit margin serves as the source for paying additional expenses and future savings.
UnitedHealth Group Gross Profit Margin (Quarterly):23.99% for March 31, 2014
AGAIN after deducting cost of goods i.e. CLAIMS paid out... leaves.. 23.99%...

So idiot what are the gross REVENUES of United Healthcare??
2011 Full Year Revenues of $102 Billion
in 2011 Net Income Before Tax 7.383 billion.. or 6%!!!!

Now what was United HealthCare's CEO the HIGHEST PAID CEO... Stephen J. Hemsley
A) Salary as a percent of gross profit margin?
United Gross Operating expenses were 23.99% of $ 102 billion or $24 billion...
A) Hemsley salary (HIS SALARY) $1.30 million or 0.005% of the $24 billion!
B) Hemsley bonus $3.4 million or 0.013%!
C) Hemsley had stock options which he exercised... I.E. HE PAID out of his own pocket to buy stock at a lower price!
His capital gains were $43.5 million WHICH DID NOT COME FROM the company's cost of doing business so why is it counted as compensation????

Do you comprehend the gross misinformations idiots like you are laboring under???

The so called "compensation" of $48 million makes it appear the COMPANY PAID Hemsley i.e. COMPENSATED out of revenues !
THEY didn't! He paid for stock options out of his own money and the stock appreciated! HAD NOTHING to do with the company PAYING his $43.5 million!!!

Stephen J Hemsley has been CEO of UnitedHealth Group (UNH) for 5 years.
Mr. Hemsley has been with the company for 15 years.
The 59 year old executive ranks 2 within Health Care Equipment & Services

• Hemsley compared to median of CEOs of Health Care Equipment & Services Medians
• Salary $1.30 mil $1.02 mil
• Bonus $3.40 mil $1.61 mil
• Other $0.58 mil $1.40 mil
• Stock Gains $43.55 mil $1.00 mil
• Total $48.835 mil $7.89 mil

#8 Stephen J Hemsley - Forbes.com

So until you idiots learn how to comprehend what these so-called EVIL CEOs being paid millions... get some facts!
over 70% of the so called "compensation" IS NOT included in the operating expenses of the company!
DO YOU UNDERSTAND???

So he made a total of $48 million by being ceo. Doesn't he pay less in taxes on those capital gains so it is a much better deal for him? Sorry but for such a low margin business this guy is making a killing.

All the name calling makes you sound pretty stupid btw. Doesn't help you are trying to argue that a guy who made $48 million isn't making very much. haha