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Thread: Democratic investigators target health insurers

  1. #1
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    Democratic investigators target health insurers

    House Democrats are probing the nation’s largest insurance companies for lavish spending, demanding reams of compensation data and schedules of retreats and conferences.

    Letters sent to 52 insurance companies by Democratic leaders demand extensive documents for an examination of ‘extensive compensation and other business practices in the health insurance industry.” The letters set a deadline of Sept. 14 for the documents.

    Rep. Henry Waxman (D-Calif.), chairman of the House Energy and Commerce Committee, and Rep. Bart Stupak (D-Mich.), chairman of the Subcommittee on Oversight and Investigations, signed the three-page letter dated Monday.

    An industry source replied when asked for comment: “This is nothing more than a taxpayer-funded fishing expedition designed to silence health plans."

    By Sept. 4, the firms are supposed to supply detailed compensation data for board members and top executives, as well as a “table listing all conferences, retreats, or other events held outside company facilities from January 1, 2007, to the present that were paid for, reimbursed, or subsidized in whole or in part by your company.”

    For employees or officers making $500,000 or more, the committee wants information on salary, bonus, options and pension.


    Read more: Democratic investigators target health insurers - Carrie Budoff Brown and Mike Allen - POLITICO.com

    What ****ing business is it of Congress to care what private companies do with their own money?

    This is such utter abuse of power, and total bull****.

    Is this this USA or the USSR? FOR ****S SAKE PEOPLE.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Democratic investigators target health insurers

    Quote Originally Posted by MrVicchio View Post
    What ****ing business is it of Congress to care what private companies do with their own money?

    This is such utter abuse of power, and total bull****.

    Is this this USA or the USSR? FOR ****S SAKE PEOPLE.

    I suspect it has something to do with insurance companies denying coverage to patients while offering their staff golden parachutes and bonus'.

    .......but I could be wrong.


    I would chat with her when I'm feeling particularly snarky, but I wouldn't ever call her on the phone.

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    Re: Democratic investigators target health insurers

    Quote Originally Posted by missypea View Post
    I suspect it has something to do with insurance companies denying coverage to patients while offering their staff golden parachutes and bonus'.

    .......but I could be wrong.
    You can't really believe that can you?

    Seriously?

    You know EXACTLY what this is about, it's about the Dem's wanting to use the power of the Government to brow beat the insurance companies and dig up any thing they can to use as "SEE this is why GOVERNMENT SHOULD be in charge!!!"


    And don't give me that "They deny coverage" BS, if you believed that was a problem, you'd be all against Government run healthcare, your dishonesty is appalling.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Democratic investigators target health insurers

    Quote Originally Posted by MrVicchio View Post
    You can't really believe that can you?

    Seriously?

    You know EXACTLY what this is about, it's about the Dem's wanting to use the power of the Government to brow beat the insurance companies and dig up any thing they can to use as "SEE this is why GOVERNMENT SHOULD be in charge!!!"


    And don't give me that "They deny coverage" BS, if you believed that was a problem, you'd be all against Government run healthcare, your dishonesty is appalling.
    They do try to find ways to deny coverage in an effort to save money. It's nothing new. Many insurance companies have highly questionable business practices and it definitely warrants an investigation. However, I agree with you that the thought of Government run healthcare is a terrifying prospect considering that they will probably get away with bloody murder in the ways of denying people coverage. Who would investigate them?

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    Re: Democratic investigators target health insurers

    Quote Originally Posted by MrVicchio View Post
    What ****ing business is it of Congress to care what private companies do with their own money?

    This is such utter abuse of power, and total bull****.

    Is this this USA or the USSR? FOR ****S SAKE PEOPLE.
    USA, thankfully.

    Congress has the power to regulate commerce with foreign nations, among the states, and with the Native American tribes.
    [ame=http://en.wikipedia.org/wiki/Commerce_Clause]Commerce Clause - Wikipedia, the free encyclopedia[/ame]



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    Re: Democratic investigators target health insurers

    Quote Originally Posted by MrVicchio View Post
    You can't really believe that can you?

    Seriously?

    You know EXACTLY what this is about, it's about the Dem's wanting to use the power of the Government to brow beat the insurance companies and dig up any thing they can to use as "SEE this is why GOVERNMENT SHOULD be in charge!!!"


    And don't give me that "They deny coverage" BS, if you believed that was a problem, you'd be all against Government run healthcare, your dishonesty is appalling.
    OK, cut all your turbo-emotional drivel aside and what did you actually say, in all this?

    A big fat nothing.

    Now, can we take this from the top again, and this time with a little less PMS?

    Good. Now, I don't think that the government should be investigating salaries, etc. However, they should be regularly auditing claims and looking into legitimate complaints where the claims are concerned. The insurance industry does need a little oversight.

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    Re: Democratic investigators target health insurers

    Quote Originally Posted by jallman View Post
    OK, cut all your turbo-emotional drivel aside and what did you actually say, in all this?

    A big fat nothing.

    Now, can we take this from the top again, and this time with a little less PMS?

    Good. Now, I don't think that the government should be investigating salaries, etc. However, they should be regularly auditing claims and looking into legitimate complaints where the claims are concerned. The insurance industry does need a little oversight.
    I said plenty, but it wasn't in, calm enough repose for you.. I'm EVER so sorry Jallman... really.

    Congress, is abusing it's powers, and the best you can do is get high and mighty at me for being "emotional"?


    Congress has had years to do this, now that the Dem's want to rebuild healthcare, suddenly the PAY of employees is worthy of congressional investigation?

    Only a fool falls for that.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  8. #8
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    Re: Democratic investigators target health insurers

    Quote Originally Posted by MrVicchio View Post
    I said plenty, but it wasn't in, calm enough repose for you.. I'm EVER so sorry Jallman... really.

    Congress, is abusing it's powers, and the best you can do is get high and mighty at me for being "emotional"?


    Congress has had years to do this, now that the Dem's want to rebuild healthcare, suddenly the PAY of employees is worthy of congressional investigation?

    Only a fool falls for that.
    Personally, I could care less what their reasons are for investigating whether it be for strictly partisan purposes or otherwise. I think it will be interesting to see what they find. It's only too bad that this didn't happen a long time ago.

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    Re: Democratic investigators target health insurers

    Quote Originally Posted by MrVicchio View Post
    I said plenty, but it wasn't in, calm enough repose for you.. I'm EVER so sorry Jallman... really.

    Congress, is abusing it's powers, and the best you can do is get high and mighty at me for being "emotional"?
    Obviously, you failed to read on further after you got butt-hurt that I called you out for setting a thuggish tone within 3 posts. Nothing Missy said warranted you going aggro on her like you did.

    Congress has had years to do this, now that the Dem's want to rebuild healthcare, suddenly the PAY of employees is worthy of congressional investigation?

    Only a fool falls for that.
    Again, try reading what I actually said. I agree with you that the pay should be off limits, but I think part of the healthcare overhaul should be oversight concerning insurance claims practices.
    Last edited by jallman; 08-19-09 at 06:43 PM.

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    Re: Democratic investigators target health insurers

    All the insurance companies have to do is tell Congress they will send the report as soon as their lawyers get the subpoena… from a US. Superior Court.

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