House Dems seek info from health insurers
WASHINGTON — A spokesman for the health insurance industry today accused Democrats of mounting a "fishing expedition," as individual insurers decided whether to honor a request for financial records sought in a House committee's investigation.
Robert Zirkelbach, spokesman for the American Health Insurance Plans, said Democrats on the panel hoped to "silence the health insurance industry and distract attention away from the fact that the American people are rejecting a government-run plan" as part of President Barack Obama's planned overhaul.
Zirkelbach said it would be up to individual companies to decide whether to turn the records over.
Dozens of insurers received the request, part of an investigation into executive compensation and other business practices inside the industry.
A spokesman for Rep. Bart Stupak, D-Mich., said Tuesday night 52 letters had been sent to health insurers with $2 billion or more in annual premiums. He said letters were not dispatched to other industry groups, some of which have been airing television advertising in support of Obama's call for legislation.
The request to insurance companies 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 2½ years.
