Health insurers pour money into GOP campaigns, hoping to limit new regulations

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by rdean, Oct 6, 2010.

  1. rdean
    Offline

    rdean rddean

    Joined:
    Aug 9, 2009
    Messages:
    60,191
    Thanks Received:
    6,903
    Trophy Points:
    1,840
    Location:
    chicago
    Ratings:
    +15,025
    "The industry would love to have a Republican Congress," said Wendell Potter, a former executive at Cigna Corp., one of the country's biggest insurers. "They were very, very successful during the years of Republican domination in Washington."

    Insurers in the past have been able to count on the GOP, which often helped shape the market to the industry's specifications.
    Republicans expanded Medicare's use of commercial insurance companies to administer benefits, which has been very profitable for insurers. With the help of GOP legislation, insurers also have increasingly shifted costs to consumers through high-deductible plans.

    And Republicans have pushed to allow insurance companies to sell their plans across state lines, avoiding state regulations. Party leaders have made that a centerpiece of their 2011 healthcare agenda.

    Health insurers pour money into GOP campaigns, hoping to limit new regulations - Los Angeles Times

    Denial of Care Profits: $73 million for CIGNA’s retiring CEO

    It’s hard for most of us to imagine a lifestyle supported by a $73 million retirement bonus. It’s even harder to imagine a whole nation’s healthcare controlled by those who have benefited so wildly from denying healthcare to those who need it.

    Denial of Care Profits: $73 million for CIGNA’s retiring CEO – Healthcare-NOW!
     
  2. rdean
    Offline

    rdean rddean

    Joined:
    Aug 9, 2009
    Messages:
    60,191
    Thanks Received:
    6,903
    Trophy Points:
    1,840
    Location:
    chicago
    Ratings:
    +15,025
    What? No Republicans defending health care companies?
     
  3. Quantum Windbag
    Offline

    Quantum Windbag Gold Member

    Joined:
    May 9, 2010
    Messages:
    58,308
    Thanks Received:
    5,014
    Trophy Points:
    245
    Ratings:
    +5,221
    They are playing the odds, just like they did when they poured all that money into the Democrats campaign funds 2 years ago, and during the so called debate about health care. Why do you have a problem with them doing it with Republicans but not Democrats.
     
  4. JimH52
    Offline

    JimH52 Gold Member

    Joined:
    Oct 14, 2007
    Messages:
    19,295
    Thanks Received:
    3,103
    Trophy Points:
    290
    Location:
    US
    Ratings:
    +8,277
    Health Care Companie, Wall Street, Big Old, and now Foreigners.

    The GOP is getting all the big money, thanks to the Roberts court.
     
  5. mudwhistle
    Offline

    mudwhistle Diamond Member

    Joined:
    Jul 21, 2009
    Messages:
    65,320
    Thanks Received:
    11,939
    Trophy Points:
    2,070
    Location:
    Wetwang With Fimber, Yorkshire
    Ratings:
    +26,268
    Maybe the insurance companies know something Obama won't tell us.:eusa_whistle:

    They haven't been in business this long if they don't know what they're doing. They can't operate in the red like Obama wants them to after all.

    Wonder which industry is next. Obama has demonized just about every important segment of the economy that's out there. And you wonder why his spending isn't working. It's kind of hard to build confidence in an economy you're aggressively trying to ruin and then conveniently have to take over.
     
    • Thank You! Thank You! x 1
    Last edited: Oct 12, 2010
  6. Quantum Windbag
    Offline

    Quantum Windbag Gold Member

    Joined:
    May 9, 2010
    Messages:
    58,308
    Thanks Received:
    5,014
    Trophy Points:
    245
    Ratings:
    +5,221
    Yep, before that all the money went to the Democrats.

    You are incredibly ignorant about just about everything, aren't you?
     
  7. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    Golly...The politicians pass a massive and sweeping bill regulating insurers, and the first people in line to shape/reshape those regulations are the biggest insurers?

    Gee...Never saw that one coming! :rolleyes:
     
    • Thank You! Thank You! x 1
  8. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    PhRMA gave Obama tens of millions to promote Obamacare, in exchange from omitting them from price controls.
     
  9. Stephanie
    Offline

    Stephanie Diamond Member Supporting Member

    Joined:
    Jul 11, 2004
    Messages:
    70,236
    Thanks Received:
    10,818
    Trophy Points:
    2,040
    Ratings:
    +27,360
    :lol:
    fer sure the Democrat party take NO monies from the above mentioned. and lets add a few, UNIONS, ACORN, AND any other shady groups there is.
    good gawd.
     
  10. Stephanie
    Offline

    Stephanie Diamond Member Supporting Member

    Joined:
    Jul 11, 2004
    Messages:
    70,236
    Thanks Received:
    10,818
    Trophy Points:
    2,040
    Ratings:
    +27,360
    Read this crap and weep people. this is the Obama and the Democrat party.

    Obama Administration Gave General Electric—Parent Company of NBC--$24.9 Million in ‘Stimulus’ Grants
    Monday, October 11, 2010
    By Fred Lucas




    (CNSNews.com) - The Obama administration gave corporate giant General Electric—the parent company of NBC--$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.

    Despite getting $24.9 million from U.S. taxpayers, GE decreased its U.S.-based employees by 18,000 in 2009, according to the company’s 2009 annual report.


    According to Standard & Poor's, GE took in $156 billion in revenue in 2009.

    GE was the primary recipient of 14 stimulus grants, a spokeswoman for Recovery.gov confirmed to CNSNews.com. These 14 grants provided GE with $24.9 million in tax dollars. On four additional stimulus grants, the primary recipient of the federal money hired GE as a contractor. Recovery.gov is the administration’s website that tracks stimulus expenditures.

    At the end of 2008, GE employed 152,000 U.S. workers, according to its 2009 annual report. But at the end of 2009, according to the report, it employed only 134,000 U.S. workers, a decline of 18,000 workers.

    The Energy Department provided GE with 9 stimulus grants, the Department of Health and Human Services provided the company with 3, and the Justice Department and the Commerce Department each gave the company 1 stimulus grant.
    All of these federal stimulus grants went to GE’s Global Research Center.

    The earliest of the stimulus grants went to GE in July 2009 and the latest in April 2010.

    CNSNews.com asked a GE spokesperson if the company contested Recovery.gov’s representation that GE had received 14 stimulus grants worth $24.9 million, and also whether the company now employed more or fewer workers as a result of receiving the grants.

    In an e-mail response, GE spokeswoman Anne Eisele said, “I’m afraid I must politely decline to comment.”

    read the rest.
    Obama Administration Gave General Electric?Parent Company of NBC--$24.9 Million in ?Stimulus? Grants | CNSnews.com
     

Share This Page