Sanders’ labor plan would limit federal contractors’ CEO pay

Democratic presidential candidate Sen. Bernie Sanders, I-Vt., issued a labor plan that could affect healthcare organizations with federal contracts, such as UnitedHealth, Humana, Cerner, McKesson, Johns Hopkins University and the Icahn School of Medicine at Mount Sinai.

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Mr. Sanders plan would deny federal contracts to companies that pay CEOs more than 150 times what the average worker makes. It would also deny contracts to organizations that disrupt union activities or outsource jobs overseas.  

Some of the top 100 federal contractors are major healthcare corporations and health systems. UnitedHealth, for example, was a top contractor of the federal government in 2018, and its CEO David Wichmann made 316 times the average employee.

 

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