02 March 2008

Your premiums pay for their lobbying

This came from Colorado State Rep. Morgan Carroll's office:

POLICY CORNER

THE COST OF HEALTH CARE - LOBBYING IN HEALTH CARE

From 1998 - 2007 here’s how much the following industries spent on lobbying activities nationally:
  • Insurance Industry spent $1,008,474,967 on lobbying
  • Pharmaceutical Industry spent $1,316,714,703 on Lobbying
  • Hospital / Nursing Home Industry spent $563,926,474 on Lobbying
  • Health Professionals spent $531,096,203 on Lobbying

*SOURCE: Open Secrets.org
*SOURCE: Kaiser Family Foundation

Rep. Carroll notes that the consumer is ultimately footing a big bill for lobbying activities that are not always in their best interests.

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