SUBSCRIBE NOW Just 99¢ for your first month

ADVERTISEMENT

ADVERTISEMENT

Plain Talk: Insurance Commissioner Jon Godfread on Krabbenhoft's golden parachute and what it means for your health care costs

If this keeps up, Godfread, a Republican, says we're going to end up with the sort of single-payer health care system Democrats want.

Sanford MeritCare merge announcement.jpg
Sanford Health President and CEO Kelby Krabbenhoft, left, announces the merger of Sanford Health and MeritCare as Dr. Roger Gilbertson, MeritCare President and CEO, listens during a news conference on Nov. 2, 2009. Forum file photo
We are part of The Trust Project.

Kelby Krabbenhoft , the long-time CEO of South Dakota-based health care giant Sanford , abruptly left his job last year after making some controversial comments about masking during the COVID-19 pandemic.

More recently, news broke that Krabbenhoft left with a big, fat golden parachute strapped to his back. He got a $49.5 million payout, as we learned from the excellent reporting of Jeremy Fugleberg , and that prompted North Dakota Insurance Commissioner Jon Godfread to blow the whistle.

On this episode of Plain Talk, Godfread talks about the connection between what hospitals spend and what health care, and health insurance, cost you. He says hospitals are always wanting more from insurers, and the taxpayers, even as pay to executives goes up.

ADVERTISEMENT

If this keeps up, Godfread, a Republican, says we're going to end up with the sort of single-payer health care system Democrats want.

Subscribe to Plain Talk on your favorite podcasting platform by clicking here .

To comment on this article, visit www.sayanythingblog.com

Rob Port, founder of SayAnythingBlog.com, is a Forum Communications commentator. Reach him on Twitter at @robport or via email at rport@forumcomm.com .

Opinion by Rob Port
Rob Port is a news reporter, columnist, and podcast host for the Forum News Service. He has an extensive background in investigations and public records. He has covered political events in North Dakota and the upper Midwest for two decades. Reach him at rport@forumcomm.com. Click here to subscribe to his Plain Talk podcast.
What to read next
A lot of people are watching these Republican primaries. North Dakota's government is dominated by Republicans, and there is a pitched battle going on right now for the soul of the NDGOP. These legislative races are the trenches in that battle. So far, based on one of the few objective data points we have, it appears the traditional conservatives are positioned to keep their hold on the party.
An attorney representing North Dakota's coal industry talks about the federal government's efforts to add more clear air regulations on top of the state's already excellent program. Matuor Alier, a candidate for Fargo City Commission, talks about his campaign.
Salonen writes, "Peter Herbeck of Renewal Ministries offered an answer in a video, “Don’t Walk in Darkness,” saying her response reflects society’s abandonment of God and should be a warning.
Every walk with Nova is a new adventure and provides me with not only cardio exercise, but also training in patience and sometimes, resistance work.