Part Two of Report on Big Insurance Industry Spending in Health Care FightSubmitted by Johnny Papagiannis on Wed, 09/16/2009 - 1:23pm.
Public Campaign Action Fund issued part two of its report on efforts by the insurance industry to kill health care reform with huge amounts of campaign giving and lobbying expenditures.
“These highly profitable corporations are spending millions every month to protect their bottom line by fighting health care reform in Washington, D.C.,” said David Donnelly, national campaigns director of Public Campaign Action Fund. “To put it starkly, they have invested heavily in insider lobbyists and politicians to maintain their bottom line leaving Americans out in the cold and stuck with our broken health care system. It’s time to end the campaign money chase and let politicians do what we elected them to do—debate and pass sound public policy that benefits all of us and not just those who can make big campaign contributions.”
For the full press release, click here.
11 comments
We must look at all the conglomerates that fight the health care they all have hidden interests and we must use our civil powers to fight the power! every insurance company has to issue a policy to anyone who wants to enroll, and would forbid premiums from being based on the enrolled health status. The expectation is that healthy young people would subsidize the health care costs of those who are older or sicker. It is no surprise for me that insurance companies are acting like that. If health care reform would start working - those companies would lose many customers and huge amounts of money. Lobbying is the popular thing in our country and I should say that it actually works. But let's hope that insurance companies won't be able to break the will of all the nation, because the huge majority of Americans vote for the health care reform. And let's hope that Obama will be able to defend his position despite millions spent for lobbying of government. Thanks for the interesting article by the way, I will be definitely keeping an eye on this blog in the nearest future too. Sincerely, Jack Bronson from cash advance loans fighting well for the right of our health really is a nice campaign which will benefit everybody positively. there's no doubt about it. Term Papers | Essay Papers hy This article is very interesting. Thank you very much for sharing . Big corporation equal big money, all the commercial scheme is stupidly based on profit, so when they are supplying smb. with money it is only because of the future profit, they can get from this, we talking not about money, all the profit in it's wide meaning. So we even do not know our potentially bests. I was writing a research paper on transnational corporations, look through if U are interested. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. In Ukraine we are in the constant state of elections, so this topic us really interesting to me. I came across the articles describing similar events by torrent search engine and must say was really impressed. If possible, would you mind updating your blog with more information? It is extremely helpful and beneficial to your readers. Sadly the phrase 'money makes the world go round' is more apt then most of us would like. The concept that those we elect actually debating policy for the common good sounds perfect, but in reality I fear the large corporations will always have power. I suspect insider lobbying will continue a pace. The latest health overhaul plan circulating on Capitol Hill gives health insurers, drug makers and large employers reasons to heave sighs of relief, sparing them the higher costs and more burdensome rules included in other Democratic-written alternatives. The Baucus health care bill is the version of the health care reform bill from the Senate Finance Committee unveiled by Max Baucus, a Democrat from Montana. However, included in the bill are instructions on how anyone is supposed to pay for it – as it comes with a price tag of almost $900 billion. Why he hasn't been fired from the Finance committee for coming up with something like that is beyond most people. The Baucus health care bill is going to run up a deficit to the moon, and there really isn't enough instant cash to begin to cover that kind of expense. Post new comment |
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