Health Care Industry Spent $445M on Federal Lobbying in 2007, Kaiser Health Policy Report
Health care interests spent $445 million on federal lobbying in 2007--more than any other sector of the economy--to finish as the top spender for the second consecutive year, according to the Center for Responsive Politics, CQ HealthBeat reports. A more specific breakdown of 20 industries that spent the most on lobbying in 2007, pharmaceutical and medical products companies rank first with $227 million in spending, while health insurance companies spent the second-most at $138 million. Hospitals and nursing homes spent $91 million, ranking fifth; while health professionals spent $70 million, ranking 15th; and HMOs/health services spent $52 million, ranking 19th.
Among specific organizations or companies, the Pharmaceutical Research and Manufacturers of America spent the third-most at $22.1 million, the American Medical Association spent the fourth-most at $22.1 million and the American Hospital Association was fifth, spending $19.7 million. The U.S. Chamber of Commerce spent the most of any organization ($53 million), followed by General Electric ($23.6 million).
According to the CRP, the pharmaceutical industry has spent $1.3 billion on federal lobbying in the last decade, more than any other industry. In addition, the drug industry's reported lobbying increased by 25% from 2006 to 2007. Lobbying firm Patton Boggs, whose clients include Bristol-Myers Squibb and Hoffman-La Roche, reported $41.9 million in 2007 revenue—an increase of 20% over 2006--and the most among Washington, D.C.-area firms
Monday, May 5, 2008
Does the Emperor have any clothes?
The 2.5 million health professions who are not allopathic doctors and who are authorized to deliver direct care to the public are not well served by this model.
Posted by Unknown at 7:59 AM