Plain Talk: Who'd want to be a teacher?

Dave Zweifel:

couple of newspaper stories in the past few days said all too much about the kind of society we've been building for ourselves in recent years.

One was a piece in the Wisconsin State Journal that told of the enormous salaries the medical establishment is paying its administrative executives. Some of the hospital CEOs are making more than $1 million a year and one in Janesville is pulling down more than $3 million. Even midlevel executives are well into the six figures. Same is true for the executives at the hospitals' and clinics' ancillary health insurance plans.

The justification is that running medical institutions today is terribly complicated and includes ensuring that patients get quality care and are satisfied with it. So, in order to attract the best managers, the pay needs to be substantial. Never mind the impact those substantial pay packages have on the growing cost of the nation's health care, which is passed on to consumers just as certainly as governments levy taxes.

Posted by Jim Zellmer at September 7, 2011 8:38 AM
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