now its the insurance companies

[RIJIMMY]

Originally Posted by striperman36

Why does a not for profit company the BCBS of MA pay their CEO millions of dollars a year to manage a not for profit organization?

because if you didnt, you get some hack greenpeace wannabe with a liberal arts degree being the only one who would take the job at a lesser salary

[spence]

Originally Posted by RIJIMMY

because if you didnt, you get some hack greenpeace wannabe with a liberal arts degree being the only one who would take the job at a lesser salary

Yea, especially during a struggling economy...

Perhaps you're forgetting about the fat cat old boys network when the execs all sit on each others boards and discuss just how big a golden parachute is really necessary to attract that "top" talent.

-spence

[Fishpart]

By serving several states you can eliminate the need to have an entire corporate structure in every state further reducing cost, now you only need one highly overpaid CEO instead of 50 for example....

[PaulS]

Originally Posted by Fishpart

By serving several states you can eliminate the need to have an entire corporate structure in every state further reducing cost, now you only need one highly overpaid CEO instead of 50 for example....

you really don't. For a company like an Aetna you don't have underwriters or claim payers or customer service in each state.