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General News    H3'ed 6/10/13

Hundreds in government had advance word of Medicare action at heart of trading-spike probe - The Washington Post

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Hundreds of federal employees were given advance word of a Medicare decision worth billions of dollars to private insurers in the weeks before the official announcement, a period when trading in the shares of those firms spiked. Sen. Grassley (R-Iowa) said that his office reviewed the e-mail records of employees at the Department of Health and Human Services and found that 436 of them had early access to the Medicare decision as much as two weeks before it was made public. Grassley's staff compiled did not include people at the White House's Office of Management and Budget who also saw the information.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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