Democrats on a House committee are seeking detailed financial records from dozens of large insurance companies, officials disclosed Tuesday, part of an investigation into "executive compensation and other business practices" in an industry opposed to President Barack Obama's plan to overhaul health care.Criticize Henry Waxman and get subpoenaed. Henry Waxman is not only the enemy of free speech but the enemy of the free market in goods and services.
The request included records relating to compensation of highly paid employees, documents relating to companies' premium income and claims payments, and information on expenses stemming from any event held outside company facilities in the past 2 1/2 years.
The requests were made in letters signed by Rep. Henry Waxman, D-Calif., who guided a portion of health care legislation through the House Energy and Commerce Committee last month as chairman, and Rep. Bart Stupak, D-Mich., who heads the Energy and Commerce investigations and oversight subcommittee.
They wrote that the committee was "examining executive compensation and other business practices in the health insurance industry." The Associated Press obtained a copy.
Wednesday, August 19, 2009
House Dems Seek Detailed Financial Info From Health Insurance
The Huffington Post reports: