House Dems to twice call insurance execs to testify in final healthcare push
By Jared Allen - 10/09/09 05:44 PM ET
House Democrats will once again call executives of the nation’s largest health insurance companies before Congress to defend their business practices, just as party leaders make a final push for legislation aimed at forcing private insurers to compete with a government-run healthcare program.
Energy and Commerce Chairman Henry Waxman (D-Calif.) and Oversight and Investigations Subcommittee Chairman Bart Stupak (D-Mich.) will hold a hearing on Thursday, Oct. 15, on the issue of “underinsurance,” what the pair described as the phenomenon of being “insured but not covered.”
No witness list was announced. But Waxman and Stupak have been investigating the practices of the private insurance industry – which the two Democrats believe amount to unfair treatment of consumers and patients – for months, and have already forced dozens of companies to provide volumes of documents on profits, executive compensation, and other practices that Democrats believe illustrate why drastic changes are needed in determining how Americans receive healthcare coverage.
And the two senior Democrats have managed to create a number of uncomfortable moments for the executives called to testify on behalf of their companies.
http://thehill.com/homenews/house/62495-house-dems-to-twice-call-insurance-execs-to-testify-in-final-push-for-healthcare-bill