The Mudcat Café TM
Thread #122219   Message #2877786
Posted By: ichMael
01-Apr-10 - 08:46 PM
Thread Name: BS: Nationalized Healthcare, good? bad?
Subject: RE: BS: Nationalized Healthcare, good? bad?
...it is estimated that a record $120 million was spent lobbying for health reform. In addition to direct lobbying, some of the top firms also rewarded members of Congress with campaign contributions through political action committees and individual lobbyist donations....

OTHER LOBBYIST / CONTIBUTORS:
Amgen—the nation's largest biotechnology firm
BIO—a muli million dollar biotechnology firm
Merck—the largest pharmaceutical company in the world
Blue Cross—a federation of 39 health insurance organizations
Humana—the fourth largest health insurance company in the United States
UnitedHealth Group—the nations largest health insurance company
Cigna—the nation's fifth largest health insurance company

The largest health insurance providers in the nation are UnitedHealth Group, WellPoint, Aetna, Humana and Cigna.   Ever since the healthcare debate began over a year ago, shares of Cigna, UnitedHealth Group and WellPoint have been up an average of 120%.   Upon passage of the bill, health insurer's stocks soared with Aetna hitting a 52 week high. The share price of Cigna surged 375% compared to 46% for the stock market overall...

http://revoltoftheplebs.wordpress.com/2010/03/30/the-k-street-hustlin-of-obamacare/

WHY they did it