The Secret the Health Insurance Industry Didn’t Want Known

November 20, 2010

The health insurance industry gave $86 million to Chamber of Commerce to oppose the health care bill during 2009. So says this report from AllGov.

“While the health insurance industry publically negotiated with Congress last year over the shape of the healthcare reform law, it secretly funneled more than $86 million to the U.S. Chamber of Commerce so it could criticize ideas, such as creating a government-run insurance plan, it did not like.

Companies used a group called America’s Health Insurance Plans to fund the Chamber’s campaign attacking the Democrats’ proposal for overhauling the medical delivery system.

“Clearly the secrecy was important to industry,” Sheila Krumholz, executive director of the Center for Responsive Politics, told Bloomberg News. “Eighty-six million dollars is an astonishing sum.”

The $86.2 million spent by America’s Health Insurance Plans was more than its entire budget from a year earlier, and it accounted for 40% of all Chamber expenditures in 2009.”

What is so sickening about this is that millions of Americans were conned, not only by the insurance companies, but by many out side the industry, including a large group of the GOP, and most likely, many Democrats. Shamefully, the voters rewarded all of them.


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