H
Harpy Eagle
Guest
I can tell most of those replying to this thread didn't read the article.
All of you conservatives should know that this bill is a republican bill.
State representative Michelle Caldier is a REPUBLICAN from Gigi Harbour.
Do you now want to keep bashing this?
From the article:
GIG HARBOR, WA - Many of the largest health insurance companies in Washington are organized as nonprofit corporations, which means they are exempt from paying taxes even as they collect billions from health insurance ratepayers. And some are paying executives and corporate board members — many who work only a few hours per week — six or seven-figure salaries.
State Rep. Michelle Caldier, R-Gig Harbor, doesn't think healthcare nonprofits should be setting such high compensation in private. She's introduced a bill that would establish a public board to oversee nonprofit health insurance compensation.
Under her bill, any nonprofit insurer with a paid board of directors would have to create a board comprised of 10 customers. They would vote annually on board pay, and the pay of the top five highest paid executives. The law would only apply to the top five biggest healthcare nonprofits in the state.
Besides the fact it is a stupid idea that has failed with ObamaCare...
This right here makes it wrong as well...The law would only apply to the top five biggest healthcare nonprofits in the state
What happened to equal protection? Why treat a company different just because it is bigger?