• Neuromancer@lemm.eeOPM
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      7 months ago

      Hospital staff costs alone are not what drives pharma or health insurance prices up

      Yes it does. If the staff cost more; they have to charge more to even break even. That’s simple logic.

      You think wages don’t drive cost of healthcare ?

        • Neuromancer@lemm.eeOPM
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          7 months ago

          Why are so focused on ceo pay when it’s a drop in the bucket. The first cite has nothing to do with profits.

          2nd cite I pay walled.

            • Neuromancer@lemm.eeOPM
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              7 months ago

              It doesn’t refute that at all. CEO pay is a fraction of total cost. It isn’t the reason why cost are going up and it’s illogical to come to that conciliation. United health group is an insurance provider. You’re confusing health insurance with medical care. Health insurance does not provide care. They pay the bills.

              Their revenue was 370 billion. 22 billion is about 8% profit which is slim.