Les Jones

Economic Mccarthyism: “Are you now or have you ever been highly compensated?”

Friday, August 21st, 2009 | Economics, Health Care |

Associated Press - House Democrats Seek Financial Records of Health Insurance Companies:

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.

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 letter from Waxman and Stupak requested the information be provided by early September. While companies are not under legal obligation to comply, the committee could respond to a refusal by voting to subpoena the information at a later date.

These are private companies. They aren’t being bailed out by the government. What business is it of the government how much their employees make? It’s a rich hunt.

1 Comment to Economic Mccarthyism: “Are you now or have you ever been highly compensated?”

Leave a comment

Name (required) Mail (will not be published) (required) Website Comment

Notify me of followup comments via e-mail