Peter Welch actually said...

"Ultimately, that is paid for by taxpayers, employers, and by individual patients. Do you have any reservations about $100 million being paid to six executives over two years?"

"It is in the report. So, assuming the report is correct, I am asking your opinion about whether that amount of compensation, $400 million, is on the high side?"

"It is $15,000 a year, and the average Medicare beneficiary probably gets a Social Security of about $22,000 or $23,000."

"But you are familiar with Medicare Part D that is a benefit to seniors and then enables them through the Government to purchase that product. Correct?"