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Last week I posted a piece about Hillary Clinton visiting Laconia and having a private meeting with the leaders of the local health-care monopoly. I wrote:
As they lament rising costs that hurt "little people", do you suppose anyone will ask why the LRGHealthcare CEO’s salary rose nearly $134,000 in the span of just three years? Hillary is always bagging on the unfair money made by corporate CEOs in the private sector. What about those in the "non profit" world? As health insurance costs go through the roof for me and my employees, outpacing the rate of pay increases, it is apparent that those who are health care bureaucrats aren’t suffering in the least.
I went on to list the salary of the LRGHealthcare president for a period of three years. Go read the post for the rest. The genesis of what I wrote was a series of anonymous emails sent here to the ‘Grok that were apparently sent to several other media outlets, along with at least one municipal governing body in Central NH, as well. The hospital organization, concerned about negative PR, as any monopolistic organization tends to be, has already defended itself against the fallout that has arisen from the facts as revealed in my posting last week.
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As reported by yesterday’s Citizen (NH):
LACONIA – The top seven administrators at LRGHealthcare, the non-profit corporation that operates Lakes Region General and Franklin Regional hospitals, earned $1,295,525 in 2005, prompting discussion of how appropropriate those salaries are.Anonymous e-mailers put that question to the City Council and local newspapers as well as prompting discussion of the subject on a local political blog.
LRGHealthcare officials say what it pays administrators, including President and Chief Executive Officer Tom Clairmont, who declined to comment, is deserved, set by the market forces of supply and demand.
Click here to read the rest of the article, which is rather informative and instructive about how these institutions and their cheerleaders view themselves. I think that it’s about time the institutions PROVIDING the expensive services have to do a little explaining, instead of the insurance companies that have to PAY the bills. And no, I’m not a shill for any such outfits. I just pay premiums…