Tag Archive: Big Pharma


A Public Service Announcement From The Alabama Medical Marijuana Coalition

 

 

The Top Five Special Interest Groups That Lobby Against Medical Marijuana

 

 

 

 

For some simple facts to back up the assertion on the poster above the reader is invited to check out this link .

 

 

 

 

 

 

 

 

If Big Pharma Likes Your Healthcare Plan, You Can Keep It

 

 

” But in politics, never assume rules are written simply with the public good in mind. Almost always, the rules ended up how they ended up because special interests with insider access were able to tweak them. So it is with the coverage that Obamacare mandates.

HHS’s first proposed rule on prescription drug coverage required insurers to cover at least one drug in every class of drug — in short, one drug for cholesterol, one drug for epilepsy, etc. Drugmakers wanted more. Led by the lobby group Pharmaceutical Research and Manufacturers of America, the industry argued that HHS should require all insurers to not only cover one drug per class, but also to match the benchmark plan in their state.”

And Big Pharma won. HHS’s final rule, issued in late November 2012, required all plans to cover “the greater of” one drug per class or whatever the state’s benchmark plan covers.

So if your insurance plan met state mandates and covered one or more drug per class, it still might be illegal if it didn’t cover as much as the “benchmark” insurance plan. PhRMA and its member companies like Eli Lilly and Pfizer care about this in part because more bare-bones prescription drug plans may cover only generic drugs and not the more costly name brand drugs covered by the benchmark plans.

The more comprehensive the drug coverage, the more expensive the premiums — thus the cancellation of many low-premium plans.

This wasn’t the only win for drugmakers in Obamacare, of course. The industry famously got a prime seat at the drafting table of Obamacare (and thus a slew of subsidies and favors) in exchange for millions of dollars in ads supporting the legislation — and ads backing the Democratic senators endangered by voting for it. For all the Big Pharma goodies the White House and Senate Democrats packed into the text of the bill, the industry got even more favors as HHS implemented the law.

The drug industry spent more on lobbying in 2009 and 2010 than any other industry. Sally Susman, who oversaw Pfizer’s lobbying shop, was a top Obama bundler in 2008 and 2012. After the law passed, drug companies hired up plenty of the staffers who shaped the bill from both Congress and the White House.”

 

    The present structure of our governing body (congress) not only allows this kind of blatant corporate cronyism , it practically requires it . The quid pro quo between our “representatives” and big business is how the system has been wired by the players involved and so nothing that comes out of Washington these days is done with the actual voters in mind.We the taxpayers are being fed a line of bulls**t and getting taken for a ride , all in the name of corporate profits and politician’s re-elections .

 

 

 

 

 

 

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Obama Tilts Playing Field To One Percent

 

 

” Barack Obama has won two presidential elections promising that he had the best policies to make the U.S. economy work — not just for the wealthy, but also for the middle class and poor. So how is it that his presidency has seen unprecedented erosion in both American household income and the gap between rich and poor?

Consider the president’s visit with San Francisco billionaire hedge-fund manager and green activist Thomas Steyer this April.

Steyer is a staunch opponent of the Keystone XL Pipeline which, despite its promises of 20,000 jobs, he considers to be threat to global climate change. Thanks in part to swanky fundraisers in Steyer’s estate overlooking the Golden Gate Bridge, One Percent greens have gotten their way at the expense of 99 Percenters from union workers to Michigan valve makers.

A Gallup poll of 600 small companies under $20 million this summer found 41 percent have frozen hiring due to the president’s signature achievement, Obamacare. But Big Hospital and Big Pharma, with their armies of government lobbyists, have thrived with hospitals due to reap $2 billion in Michigan alone from Obamacare’s Medicaid expansion.

In the energy sector, thousands of coal miners have lost their jobs as the Obama administration has waged a War on Carbon. In favoring green alternatives, the administration has showered wealthy pals like Tesla CEO Elon Musk and Fisker Automotive investors with hundreds of millions in taxpayer loans. And for the well-to-do buyers of their Obama-preferred, $100,000 chariots? They get a further $7,500 taxpayer subsidy. “

 

 

 

 

 

 

 

 

 

 

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