Medical costs and lobbying
Posted: Fri Jun 03, 2011 11:06 am
I stumbled across this and was shocked. Remember these numbers are the lobbyist donations to congress for only three months, the second quarter of 2009, according to the Washington Post. Can this be true?
Here is the list from the Washington Post taken from 2009. This is dollars spent to influence legislators in Washington during ONLY the second quarter of 2009. They claim it is not from the first two quarters, but just one fiscal quarter. It's scary.
$6.2 million by the Pharmaceutical Research and Manufacturers of America
$4.0 million by the AMA
$2.8 million by Blue Cross Blue Shield
$2.3 million by GlaxoSmithKline
$1.8 million by Novartis
$1.7 million by Metlife
$1.5 million by Allstate
$1.6 million by Johnson & Johnson
$2.0 million by America's Health Insurance Plans
$2.0 million by Bayer
$25,900,000 spent by insurance and drug companies to influence legislators in the second THREE months of 2009. Thats about 103,600,000 each year!! And that does not count special election funds. This is just business as usual!!
And all to keep those insane profits rolling in. Whew.
Is this the docs fault? Partly, since they do pay into the AMA. But the real villains here appears to be the pharmaceutical industy and insurance companies, and the insane profits they are making. These profits allow thousands of dollars to be spent EVERY DAY by lobbyists in Washington to influence legislation. Is the healthcare system in the US sick? Seeing these numbers it appears likely to me.
Do you think we need a single payer system for medicine?
Should this be moved to hot topics?
Here is the list from the Washington Post taken from 2009. This is dollars spent to influence legislators in Washington during ONLY the second quarter of 2009. They claim it is not from the first two quarters, but just one fiscal quarter. It's scary.
$6.2 million by the Pharmaceutical Research and Manufacturers of America
$4.0 million by the AMA
$2.8 million by Blue Cross Blue Shield
$2.3 million by GlaxoSmithKline
$1.8 million by Novartis
$1.7 million by Metlife
$1.5 million by Allstate
$1.6 million by Johnson & Johnson
$2.0 million by America's Health Insurance Plans
$2.0 million by Bayer
$25,900,000 spent by insurance and drug companies to influence legislators in the second THREE months of 2009. Thats about 103,600,000 each year!! And that does not count special election funds. This is just business as usual!!
And all to keep those insane profits rolling in. Whew.
Is this the docs fault? Partly, since they do pay into the AMA. But the real villains here appears to be the pharmaceutical industy and insurance companies, and the insane profits they are making. These profits allow thousands of dollars to be spent EVERY DAY by lobbyists in Washington to influence legislation. Is the healthcare system in the US sick? Seeing these numbers it appears likely to me.
Do you think we need a single payer system for medicine?
Should this be moved to hot topics?