Cap CEO pay at that of the US President?

From Becker’s:

The current U.S. president makes $450,000 annually. Soon Arizona hospital CEOs may have their salaries capped at that amount, according to CBS News.

A new proposed amendment sponsored by Service Employees International Union-United Healthcare Workers West would force annual pay for Arizona health system executives, administrators and managers to remain at or below $450,000. The proposal claims CEO pay is “inconsistent with the provision of high-quality, affordable medical care” and that the additional funds could instead be used to “expand access to affordable medical care for all Arizonans.”

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