|
03 April 2010 By Keith Johnson Oooh snap! Looks like we’ve been right
all along. All the big K Street money pumped into the
House and Senate has been overwhelmingly one-sided in
favor of Obama’s horrendous new healthcare
legislation. Go figure. According to a study
released over the weekend by “The Center for Public
Policy”, a non-partisan public interest think tank in
Washington D.C., it is estimated that a record $120
million was spent lobbying for health reform. In
addition to direct lobbying, some of the top firms
also rewarded members of Congress with campaign
contributions through political action committees and
individual lobbyist donations. The largest of these
firms, Patton Boggs LLP, contributed more than $55,000
almost exclusively to Democrats. Patton Boggs represents Bristol-Myers Squibb, one
of the largest pharmaceutical companies in the nation
and the eighth largest corporation in the United
States. On January 21, 2010, Patton Boggs was one of
several big name health insurance, pharmaceutical and
hospital lobbying organizations whose top executives
got together to throw a fundraiser for Massachusetts
Senatorial candidate Martha Coakley in hopes of
landing her the Democratic seat and the crucial 60th
vote needed to pass the healthcare takeover bill. The
other top firms that participated (along with a list
of the companies they represent) are as follows: Capitol Hill Strategies: Amgen—the nation’s largest biotechnology firm Grover Park Group: Blue Cross—a federation of 39 health insurance
organizations Duberstein Group: Novartis—a pharmaceutical company ranking
number one in revenues and three in sales Mehlman, Vogel, Castagnetti: Humana—the fourth largest
health insurance company in the United States Elmendorf strategies: UnitedHealth Group—the
nations largest insurance company Heather Podesta & Partners: Cigna—the nation’s fifth largest health
insurance company Of the over 17,000 lobbyists in Washington D.C.,
The Center for Public Integrity ranks Patton Boggs as
numero uno. In terms of healthcare reform, they are
followed by Alston and Bird, who represent Aetna, the
nation’s third largest health insurer. Coming in at
number three is Foley Hoag, who also represent Pfizer
as well as Eli Lilly, Amgen and Merck. Tied for
fourth place are Podesta Group and Capitol partners.
Dutko Worldwide rounds out the top five and they also
lobbied for UnitedHealth, PhRMA, and medical device
firm Medtronic Inc. Of those lobbying firms’ big name clients,
Pharmaceutical Researchers and Manufacturers of
America alone spent $26.1 million lobbying for
Obamacare in 2009, making it the single most expensive
lobbying effort in history. During the week leading
up to the vote on the legislation, PhRMA launched a
multi million dollar ad blitz in 43 districts of
potential swing Democrats to help secure passage. And
in this election cycle, PhRMA has contributed $30,300
to Dem’s compared to $13,000 to Repub’s. Overall,
PhRMA has spent well over $100 million on ad campaigns
promoting health care reform legistlation. According
to his wikipedia bio, PhRMA’s outgoing CEO Billy
Tauzin "was a key player in 2009 healthcare reform
negotiations that produced pharmaceutical industry
support for White House and Senate efforts.
Reportedly, proposals for Medicare Part D cost
reductions and permitting drug importation from Canada
were dropped in favor of $80 billion in other
savings.” That’s right, he helped write the
stinking bill. The largest health insurance providers in the
nation are UnitedHealth Group, WellPoint, Aetna,
Humana and Cigna. Ever since the healthcare debate
began over a year ago, shares of Cigna, UnitedHealth
Group and WellPoint
have been up an average of 120%. Upon
passage of the bill, health insurer’s stocks soared
with Aetna hitting a 52 week high. The share price of
Cigna surged 375% compared to 46% for the stock market
overall (as measured by the S&P 500) since November
2008. It should be noted that Aetna has been a major
supporter and campaign contributor to the campaigns of
Max Baucus (D-MT) of the Senate Finance Committee who
received $56,250 in donations and Senator Joe
Lieberman (I-CT) who received $110,000. Todd M.
Schoenberger, Managing Editor of "Taipan's Tipping
Point Alert" wrote recently that “One day
following a vote in favor of healthcare reform
legislation, stocks turned higher led by the
healthcare sector. Despite the concern of many Wall
Street analysts, any negative sentiment surrounding
the healthcare sector about higher taxes and pressure
on bottom lines quickly subsided as everything from
managed care to medical device stocks traded higher
with heavy volume.” Hospital shares also surged. The day after the
House of passed the bill, shares of Health Management
Associates, Tenet Healthcare
and Community Health Systems
all jumped 11%, 9%, and 6% respectively. It should be clear by now that the major players in
the healthcare industry overwhelmingly lobbied in
support of Obamacare and have and will continue to
reap vast rewards. So then you may ask who exactly is
this great villain the Democrats have dubbed as the
evil “health insurance industry”? The name that
consistently comes up is America’s Health Insurance
Plans (AHIP). According to wikipedia, “America’s
Health Insurance Plans (AHIP) is a
national political advocacy and trade association with
about 1,300 member companies that sell health
insurance coverage to more than 200 million Americans
and is thereby funded by the premiums they pay.” But AHIP not only represents the top health
insurance companies in the nation, it also represents
the smaller companies that will no doubt be thrown
under the bus or absorbed by larger concerns. So it
makes sense why they were chosen to act as the
controlled opposition. They were the ones often cited
as the big bad insurance industry that Nancy Pelosi
referred to in response to a heckler at a Democratic
rally who yelled “You’ll burn in Hell for this.”
AHIP President Karen M. Ignagni often plays the
villain as she did on the Oprah Winfrey show opposite
Sicko Director Michael Moore. But this two-faced organization showed their true
colors a long time ago. Miami Herald journalist John
Dorschner reminds us in a March 23rd
article that "In November 2008, just days after
Obama's landslide victory, America's Health Insurance
Plans, a trade group, made a stunning announcement,
saying it favored universal coverage and supported a
law that would stop insurers from rejecting applicants
because of preexisting conditions. "Universal coverage
is within reach," the group said in a historic press
release. After being adamantly opposed to reform
during the Clinton years, AHIP said it had changed its
mind — based on one condition: Any reform plan had to
require that all individuals have insurance or pay
stiff penalties.” And just recently, AHIP has come out in full
support of Obamacare. According to a TIME Magazine
article: America’s Health Insurance Plans (AHIP),
the industry trade group, has agreed to sign on to a
new, 50-state health care reform implementation
effort, provisionally called Enroll America, which is
being organized by Ron Pollack of the pro-reform group
Families USA. “We are participating in it,” says AHIP
spokesman Robert Zirkelbach. “The goal is to get
everyone covered.” On the night the House passed the dreaded Obamacare
legislation, Obama stated, "Tonight, we pushed
back on the undue influence of special interests. ...
We proved that this government -- a government of the
people and by the people -- still works for the
people." Sure—Here’s a guy who received more
then three times the campaign contributions from the
pharmaceutical industry than John McCain or $3.58 for
every$1 received by his Republican competitor. And
those stats come straight out of the Center for
Responsive Politics, a Washington-based research
group. Yeah, Obama can come up with some eloquent words,
but as we’ve pointed out, this is nothing but
a windfall for the big insurance companies, the
pharmaceutical industry and device manufacturers.
It’s an outright raping of the American people by a
government of the special interests and
by the special interests. |