Hillary Care Management Style – March 31, 2008
Clinton Didn’t Pay Health Insurance Bills, by Kenneth P. Vogel
Campaigns resemble businesses in many ways. Like businesses, one of their biggest costs is salaries, payroll taxes and the benefits of their employees. Also like businesses, they tend to carry unpaid bills as debt from week-to-week or even month-to-month.
Among the debts reported this month by Hillary Clinton’s struggling presidential campaign, the $292,000 in unpaid health insurance premiums for her campaign staff stands out.
The unpaid bills to Aetna were at least two months old, according to FEC filings.
They show the campaign ended last year owing Aetna more than $213,000 for “employee benefits.”
During the first two months of the year, the campaign did not pay down any of that debt. In fact, it accrued another $16,000 in unpaid bills last month, and it finished the month owing Aetna $229,000.
Jay Carson, Clinton campaign spokesman said those bills will be reflected as paid on the next FEC report. Carson stressed that Clinton’s campaign pays all its bills “regularly and in the normal course of business.” (Huh?)
But Arizona Sen. John McCain, the presumptive Republican nominee, did not report any unpaid bills to insurance providers at the end of February. And the only insurance-related debt reported by Obama, an Illinois senator, was $908 to AIG American International Group for “insurance.”
Their campaigns also reported substantially less debt overall than Clinton’s, which owed $8.7 million at the end of February. Obama owed $625,000 and McCain $4.3 million, though most of his debt was from a bank loan, and only $1.3 million was in the form of unpaid bills to a dozen vendors. (end of article portion)
Perhaps Sen. Clinton has considered cattle futures as a means to make enough money to pay her campaign debts. She should check with Sen. McCain first to see if that’s legal according to McCain-Feingold which restricts funding of campaigns in several ways. PLEASE read: http://www.washingtonpost.com/wp-srv/politics/special/whitewater/stories/wwtr…, by Charles R. Babcock, which explains Hillary’s cattle futures trading .
If McCain had Clinton’s luck with cattle futures, his campaign might have the funds he needs.