Posted on 01/14/2004 9:33:43 AM PST by chance33_98
Report: Irons Paid $70,000 As Broker For CVS Health Plan Irons Paid By Blue Cross
POSTED: 7:39 AM EST January 14, 2004 UPDATED: 11:04 AM EST January 14, 2004
PROVIDENCE -- Former Senate President William Irons pocketed $70,000 from Blue Cross & Blue Shield of Rhode Island while brokering a CVS employee health insurance policy.
That's according to federal documents obtained by The Providence Journal.
The documents show that Irons was paid $28,000 in the fiscal year ending May 2002 and $42,000 in the fiscal year ending May 2001.
The records were filed with the U.S. Department of Labor and the IRS.
The commissions came at the same time the Senate was considering pharmacy freedom of choice.
Irons recently stepped down as Senate president amid questions about his business dealings with CVS and Blue Cross.
The East Providence Democrat has said he's done nothing wrong.
Officials at Blue Cross and CVS declined to comment on the documents.
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