We've heard so much about Congress investigating the conflicts of interest between doctors and the medical device and pharmaceutical industries, but is any one asking about the conflicts of the senatorial "Board of Directors" in directing health care policy?
This morning for the Wall Street Journal Health Blog, I was suprised to see one name in particular on the Health Care team standing in for Edward Kennedy: Senator Christopher Dodd (D-Conn).
For those unfamiliar, Senator Dodd is the Chairman of the Senate Committee on Banking, Housing, and Urban Affairs who reports the following income sources:
Earned income: $165,200
Honoraria (all donated to charity): None
Major assets: Credit union, bank account and money market fund worth $31,003-$115,000; cottage in County Galway, Ireland, worth $100,001-$250,000. (here's a picture)
Major sources of unearned income: Rental income on Ireland cottage, $5,001-$15,000.
Major liabilities: Mortgage on Ireland cottage, $100,001-$250,000.
Narrative: According to their tax returns, Dodd and his wife, Jackie, had a combined income of $719,064.
Besides Dodd's salary, the amount includes director fees his wife earned for sitting on the boards of Blockbuster Inc., Cardiome Pharma Corp., the Chicago Board of Trade, Javelin Pharmaceuticals, Broodale Senior Living and Legacy Partners Group LCC.
His wife has money market funds, IRAs, stocks in companies including Blockbuster Inc. and stock options in Cardiome Pharma Corp. and Javelin Pharmaceutical Corp. worth $1.37 million-$3 million; she has land in Wasatch, Utah, worth $15,001-$50,000.
And we wonder why doctors and their patients are cynical about meaningful health care reform...