Nicholas

WOW 🚨 Delta Dental is considered a nonprofit but the CEO skyrocketed her pay from $4.5 million per year all the way to $48 million over 4 years That’s $1 million dollars per month pay for one employee as a nonprofit “Delta Dental is considered a non-profit, and as such you can be their taxes online. So I got curious in their 2014 filing, the IRS requests for the organization's top accomplishments. Delta Dental reported that over 95% of claims electronic, online and paper were processed without any manual intervention. That means when your care is denied, there is less than 1 in 10 chance a human reviewed it — That same year, Delta dished out up to a 30% pay cut on the care that doctors deliver, and for a decade, they did not raise what they pay for your dental care by a single penny. Meanwhile, their CEO's salary skyrocketed. She went from 4.5 to $15 million a year. From 2014 to 2018, she made off with almost $48 million before leaving her position. That's a million dollars a month. Must be nice. And she's not even a clinician. She's a CPA. You don't have to be an accountant to do the math. Dr. Pay cuts stagnant reimbursements. They were never about saving patients money on premiums.”

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Let's be clear: Red Lobster went bankrupt after private equity bought the chain, loaded it up with debt, and gutted it.