Former UnitedHealth CEO made $142.2M last year

[Hoyt]

1. If you are a Medicare beneficiary, you pretty much have to purchased supplemental

and drug coverage through a private insurer, and most are on stock exchange. Notable exceptions are Kaiser and local “non-profit” health plans.

If you don’t buy a supplement or are on Medicaid, most of Medicare or Medicaid is administered by a subsidiary of an insurance company, listed on stock exchange.

Theoretically, the government could handle it better. But won’t be happening any time soon.