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Health Insurers Fear Probe By House Dems Is Reprisal for Opposing Part of Obama's Pla

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FOXNews.com
Wednesday, August 19, 2009

In a move some fear is a reprisal for opposing President Obama's health care plan, Democrats sent 52 letters to health insurers requesting financial records for a House committee's investigation.
Reps. Henry Waxman, D-Calif., and Bart Stupak, D-Mich., sent a letter warning health insurers that the House Energy and Commerce Committee is "examining executive compensation and other business practices of the health industry."
Waxman, chairman of the committee, and Stupak, chairman of the Oversight and Investigations Subcommittee did not inform their Republican counterparts of their plans.
Health insurers have until Sept. 4 to provide Congress a detailed list of every employee who made over a $1 million dollars a year between 2003 and 2008. Democrats also want documents about conferences and any events held off company property as well as the types of transportation, lodging, food, entertainment and even gifts exchanged.
Raising the intimidation stakes: the Waxman letter offers insurers no explanation of what is being investigated or why.
Industry insiders fear the beginning of reprisals for anyone
Looks like more scandal in Congress. You must obey the One! I call this Stalinism.
 
Re: Health Insurers Fear Probe By House Dems Is Reprisal for Opposing Part of Obama's

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Looks like more scandal in Congress. You must obey the One! I call this Stalinism.

Why they haven't been probed seems to me unconscionable. Health Insurers are some of the most criminal companies in America after probably Enron. Companies that regularly try to overload their customers with legal speak so that they don't have to provide the service these customers pay for regardless of whether the customer is in the right or not should be afraid of the people and their government probing them.
 
Re: Health Insurers Fear Probe By House Dems Is Reprisal for Opposing Part of Obama's

Raising the intimidation stakes: the Waxman letter offers insurers no explanation of what is being investigated or why.

This is the part that should trouble everyone. Congress has no duty to "oversee" the legitimate affairs of private enterprise. It has no duty to "oversee" the compensation of the executives of private enterprise. If Congress wishes to make a case for rampant fraud, abuse, and corruption within health insurance, let it do so, but let it do so publicly, and let it do so NOW.

Otherwise, it has no business demanding such information from insurance companies, particularly without explanation as to why.
 
Re: Health Insurers Fear Probe By House Dems Is Reprisal for Opposing Part of Obama's

Why they haven't been probed seems to me unconscionable. Health Insurers are some of the most criminal companies in America after probably Enron. Companies that regularly try to overload their customers with legal speak so that they don't have to provide the service these customers pay for regardless of whether the customer is in the right or not should be afraid of the people and their government probing them.
What does executive compensation have to do with reforming policy language? So far, I have not heard one substantiated claim of systemic fraud by insurance companies on patients.

You may not like their business practices, but to call them criminal in absence of evidence that a crime has been committed is inaccurate at best.

In terms of ethical wrongdoing, Congress going after companies that dare oppose its will is unquestionably wrong, and these requests are themselves of questionable legality. I do not see where Congress has a right to request this information.
 
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