August 19, 2009

They are so predictable once you know…

I said this: “Wait for it. If this Healthcare bill does not pass it will come back as an “Insurance Reform Bill” , everyone is emotional about healthcare, but everyone hates Insurance Companies so “Yeah! Stick it to those Insurance Companies, We hate them!”

I also still think what I said on March 11th is right on the money

But on the headlines today:

WASHINGTON -- 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 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

House Dems Seek Records From Health Insurers - Political News -

UPDATE: Check out BBCW's great post HERE

This may all just be a ploy to "BailOut" , uh...I mean "Take Over", Insurance companies as a backdoor of having Government HealthScare.

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