First, it was the banks that got TARP funds. Now Congress is setting their sights on health insurance companies. Democrats Henry Waxman and Bart Stupak sent a letter to 50 companies asking about all conferences, retreats, and events not only held, but also sponsored by the companies. They want location, number of participants, and all expenses incurred. By every unit, affiliate and subsidiary. Wow. Can you spell witch hunt?

Responses are due later this week. If this info goes public, watch for media reports of lavish spending. Healthcare is one of the few bright spots in the meetings industry. My prediction: hospitals are next. Get ready for the cancellations…