Tuesday, July 16, 2013

Quote of the Day

“The insurance companies are really taking advantage of the Affordable Care Act and trying to put things in place [like salary increases for CEOs] before 2014 when things will start being much more regulated. So we’re seeing huge increases [for health insurance executives] and that’s across the board…. When the [stock] market is doing well and people’s 401ks are no longer 201ks, and everybody’s making money because the market is doing so well, I think at that point people are not as concerned [about executive pay].”

— Paul Dorf, managing director of the consulting firm Compensation Resources Inc., told AIS’s Health Plan Week.

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