Aug 21, 2009

Is Democrat probe of health insurers reprisal for opposing ObamaCare?

Health insurers fear probe by House Democrats is reprisal for opposing part of ObamaCare.

Reps. Henry Waxman, D-Calififornia (pictured), 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 and Stupak did not inform their Republican counterparts of their plans.

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 daring to dissent from the Obama agenda. One said it feels like a reprisal audit by the IRS.

Private health insurers warn that a public option could put them at a competitive disadvantage and even out of business, but they insist they support health care reform in general.

More of the story here.