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December 1, 2009

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Letter: Chief exec’s salary needs examining

Sunday, Sept. 16, 2007 | 1:27 a.m.

What a doofus I've been! Here I was blaming the doctors and hospitals for the high cost of health care until I read the Las Vegas Sun's Sept. 13 article concerning the UnitedHealth-Sierra Health merger.

The chief executive of UnitedHealth, William McGuire, received an annual stipend in excess of $124 million for 2005 and I'm sure that some of his top underlings didn't go home exactly broke. That is well over $14,000 per hour on a 24-hour day. Doesn't he ever sleep?

There is no chief executive who is deserving of that sort of compensation and I think it is about time that their compensation be curtailed to a respectful amount.

I don't know who determines his pay package, but somebody needs to have his head examined.

Jim Fitzpatrick, Las Vegas

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