Nurses Helping Nurses
allnurses Network: Central | Jobs | Books | Newsletter
allnurses: A Nursing Community for Nurses
Home General News Blogs Articles Students Region Specialty Degrees F.A.Q.
Social & Health Care Coverage Activism /

Wasted premium dollars.....1.4 million a day on lobbying



Did You Know?
allnurses is the largest community for nurses on the web. We now have over 388,476 members! Join today to network with other nurses, laugh, share, and much more.
Page 1 of 2 1 2 >

Jul 06, 2009 11:13 AM

Wasted premium dollars.....1.4 million a day on lobbying

by HM2VikingRN Staff

1.4 million a day is being wasted by the health insurance companies as they lobby against health care reform. Those are your premium dollars being wasted!

The hirings are part of a record-breaking influence campaign by the health-care industry, which is spending more than $1.4 million a day on lobbying in the current fight, according to disclosure records. And even in a city where lobbying is a part of life, the scale of the effort has drawn attention. For example, the Pharmaceutical Research and Manufacturers of America (PhRMA) doubled its spending to nearly $7 million in the first quarter of 2009, followed by Pfizer, with more than $6 million.

at http://www.washingtonpost.com/wp-dyn...070502770.html


Share

Search Tags
health care reform, insurance companies, phrma
Top

3 Readers Gave Kudos

 
Advertisement
Sponsored Links
 
Page 1 of 2 1 2 >
Reply
10 Comments
No. 1
from herring_RN
Old Jul 06, 2009, 11:56 AM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
That is the money we pay them for our healthcare.
Top

3 Readers Gave Kudos
 
No. 2
from elkpark
Old Jul 06, 2009, 04:14 PM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
I've seen other reports of this (with the same numbers), also.

Obviously Big Insurance and Big Pharm CEOs don't consider that money "wasted" ...

All the more evidence that we need to get them, and the entire "for-profit" structure, out of healthcare for good! This is a perfect example of what's wrong with the current system.
Top

5 Readers Gave Kudos
 
No. 3
from RN4MERCY
Old Jul 07, 2009, 12:30 AM

Lightbulb Re: Wasted premium dollars.....1.4 million a day on lobbying
This is appalling. Especially when you stop to think of it this way: the greedy profit mark-ups on prescription drugs is going towards PhARMA's campaign against meaningful reform. Our medicine cabinets are funding their anti reform war machine. Medicare Part D is another example of dirty money at work...my understanding is that it actually prohibits the government from using it's purchasing power to negotiate lower prices, (bulk rates), on prescription medications. We definitely need campaign finance reform so we can put an end to this legalized form of bribery that results in corporate benefit legislation being passed at the expense of the rest of us.
Top

3 Readers Gave Kudos
 
No. 4
from CRNA2007
Old Jul 14, 2009, 07:42 PM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
everyone has lobbyist. What about all the union dues that are sepnt on lobbyists and campaign advertising it runs in the hundreds of millions. What about the pure profit hospitals make by marking up drugs given to patients by serveral hundred percent. Do you have a problem with nursing organizations utilizing lobbyists?
Top
 
No. 5
from CRNA2007
Old Jul 14, 2009, 07:52 PM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
It is your opinion that the health reform is meaningful. The pharmaceutical companies look out for their own interests and stock holders just like most people look out for their self interests. They are no more greedy than hospitals making pure profit with no investment in drug development.



Originally Posted by RN4MERCY View Post
This is appalling. Especially when you stop to think of it this way: the greedy profit mark-ups on prescription drugs is going towards PhARMA's campaign against meaningful reform. Our medicine cabinets are funding their anti reform war machine. Medicare Part D is another example of dirty money at work...my understanding is that it actually prohibits the government from using it's purchasing power to negotiate lower prices, (bulk rates), on prescription medications. We definitely need campaign finance reform so we can put an end to this legalized form of bribery that results in corporate benefit legislation being passed at the expense of the rest of us.
Top
 
No. 6
from elkpark
Old Jul 14, 2009, 08:09 PM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
Originally Posted by CRNA2007 View Post
everyone has lobbyist. What about all the union dues that are sepnt on lobbyists and campaign advertising it runs in the hundreds of millions. What about the pure profit hospitals make by marking up drugs given to patients by serveral hundred percent. Do you have a problem with nursing organizations utilizing lobbyists?
But people who belong to unions and professional organizations choose to pay dues knowing that some of that money will be used to lobby, and the lobbying is at least ostensibly promoting the members' interests (although I recognize some may quibble about that). The insurance companies use premium money to lobby against the interests of the general public that is paying them the premiums.
Top

3 Readers Gave Kudos
 
No. 7
from CRNA2007
Old Jul 14, 2009, 10:50 PM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
they don't lobby against the public interest they lobby at what is best for THEIR interest which is exactly what I expect a company to do especially if I have an interest (401k, investments, etc.) in that company? Does your hospital advertise on TV, Radio, etc??? That increases costs for patients. Do you feel that is wrong? Insurance lobbying also helps to keep premiums lower by fighting government enforced mandates.



Originally Posted by elkpark View Post
But people who belong to unions and professional organizations choose to pay dues knowing that some of that money will be used to lobby, and the lobbying is at least ostensibly promoting the members' interests (although I recognize some may quibble about that). The insurance companies use premium money to lobby against the interests of the general public that is paying them the premiums.
Top
 
No. 8
Old Jul 15, 2009, 12:01 AM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
The leaky middleman.
Top
 
No. 9
from wowza
Old Jul 15, 2009, 05:00 AM

Default Re: Wasted premium dollars.....1.4 million a day on lobbying
While when you hear 1.4 million dollars per day it sound like a lot, let's keep this in perspective.

1.4 million per day added up over the course of the year does not even account for a tenth of a percent of health care spending. It accounts for 1/4400th of spending. If we used an extra IV line on our patients a day that would account for much more health care spending.

Even if we completely eliminated this, there would be essentially no difference. So while you may see 1.4 million and think that this is a good target to limit spending it is nothing more than inflammatory statistic to get people fired up that would realistically have little to no impact on US health care were it eliminated.
Top
 
Page 1 of 2 1 2 >
Reply




Thread Tools


Who's Online
406 members
3,946 guests
4,352

0

The hard to reach on-call doctor, and its effects on...

0

Woman charged with passing off prescription drug as...

0

Paralysed Belgian misdiagnosed as in coma for 23 years

1

Man in "Vegetative State" was conscious for 23...

2

Interesting article on ThedaCare's Collaborative Care Model

7

Possible breakthrough regarding MS

63

16th Philly area hospital to stop delivering babies: Mercy...

10

Really interesting article on Indian open hearts

7

High-Tech Pump Does What Her Heart Can't

6

Air Force RN Found Not Guilty



1

Society Needs Care Too

12

Why am I doing this, anyway?

2

Nurse Heal Thyself

9

My Papa, why I am the nurse I am today.

17

I made it through

11

An angel's gaze

16

A Sister Never Forgets

16

Ruby's Marbles

37

What Do Operating Room Nurses Do?

14

My Little Old Jedi

20

I love this job......

23

"I hear voices"

19

Preventing FRUTI (Foley Related Urinary Tract Infection) in...

24

Error and Attitude

10

It's Just a Shower





Sponsored Links

Currently Reading This Page: 1 (0 members & 1 guests)

Interested in the hottest topics of the week? Subscribe to the Nurse-zine Newsletter.
Enter email address: