Marlon is the founder and former chief executive of Health Plan of Nevada, the Las Vegas Valley’s introduction in 1982 to a health maintenance organization. Since early last year, Marlon has worked as a consultant for UnitedHealthcare after selling Sierra Health to UnitedHealth Group for $2.4 billion. His contract is up in February.$14.5 million in compensation made off the backs of the its 500,000 members? Hmmm, that translates to $29 per policy holder, just to pay his ridiculous salary each year.
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In 2007 Marlon was the highest paid nongaming executive in Las Vegas, with total compensation of $14.5 million, according to In Business Las Vegas’ 2008 Book of Business Lists.
Today the company has 500,000 members.
And that health insurance companies put patients before profits “is an age-old adage as inane as the person mouthing it. You don’t stay in business, and build an organization as we have here, by screwing the public. (emphasis mine) That’s not the way it works. You’ve got to provide a quality product that somebody comes back and wants to buy again.”
Health Plan of Nevada offered the first insurance policies that covered preventive care when its doors opened in 1982.
Seems like a screw job to me.
So, as a scientist and fellow physician, I ask Dr. Marlon to please, please, please explain the merits of his salary to his members who paid his salary year after year from their ever-increasing premiums. Why, exactly, does an insurance executive warrant a salary that is over 41 times a general cardiologist's salary?
After all, it's all about transparency, right?
What, cat got your tongue?