@plu+1cc4xDpV had link to this article via Apple News in another thread, and it should be brought out here. It really rips the cover off what Centene is all about.
Direct link is here: https://ohiocapitaljournal.com/2021/06/28/lavishly-paid-and-unapologetic-company-at-center-of-medicaid-scandal-focuses-on-profits/
FTA: Coordinating government health care for poor people has been very, very good to Michael F. Neidorff. By one measure, he’s the country’s top-paid health care executive, making $25 million a year.
That means the Centene chief makes as much in a year as 1,409 of the best paid of the 25 million Americans for whom his company manages Medicaid benefits. It also means — assuming Neidorff works 60 hours a week — he’s making $8,000 an hour. So by mid-afternoon each day, he makes what the typical American does all year.
And Neidorff earlier this month bluntly told investors that his “absolute priority” was to grow net profits, and executive pay, as fast as he “sustainably” can. So rapidly, in fact, that he says Centene’s profits will increase by about a third by 2024 — even as the company pays out more than $1 billion to settle 22 states’ claims of wrongdoing.