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Report: Irons Paid $70,000 As Broker For CVS Health Plan Irons Paid By Blue Cross (RI)
turnto10.com ^

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.


TOPICS: Government; News/Current Events; US: Rhode Island
KEYWORDS: bcbs; cvs

1 posted on 01/14/2004 9:33:55 AM PST by chance33_98
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To: chance33_98
I don't understand the beef here. Brokers get commissions on their brokered cases as long as they are on the books. Is this a state issue? Are state legislators forbidden from taking their ordinary income from other work while serving? There's no connection between a group health coverage case (CVS would be a huge case as they are nationwide) and a state issue on pharmacy freedom. Are people who know and understand an industry automatically denied a voice in issues concerning those industries? That would be stupid.
2 posted on 01/14/2004 9:47:42 AM PST by vharlow
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To: vharlow
The perp was bviously a Democrap.
3 posted on 01/14/2004 10:01:19 AM PST by expatpat
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