RED ALERT: Hypocrisy: Insurance Companies Declared Big Winners in Dems’ Healthcare Scheme

Democrats Attack Insurers As They Deliver Key Provisions

President Obama, Fellow Democrats Launched Attacks on Insurance Companies:

“The White House is mounting a stinging, sustained broadside against health insurance rate increases as President Obama and his aides enter what they hope will be the final stretch of a year-long political war over health-care reform… The messages are part of a strategy that Obama and those around him have begun to employ lately, to ratchet up the pace and the populist appeal of their rhetoric against the health insurance industry.” (Amy Goldstein and Scott Wilson, “Obama Launches Attack on Health Insurance Companies,” Washington Post, 3/9/10)

RED ALERT: Insurance Lobby Declared Big Winner in Aftermath of Dems’ Healthcare Takeover:

“Chalk one up for the pharmaceutical lobby. The U.S. drug industry fended off price curbs and other hefty restrictions in President Barack Obama’s health care law even as it prepares for plenty of new business when an estimated 32 million uninsured Americans gain health coverage…Either way, pharmaceutical lobbyists won new federal policies they coveted and set a trajectory for long-term industry growth…‘Pharma came out of this better than anyone else,’ said Ramsey Baghdadi, a Washington health policy analyst who projects a $30 billion, 10-year net gain for the industry. ‘I don’t see how they could have done much better.’” (Alan Fram, “The Influence Game: Drug Lobby’s Healthcare Win,” Associated Press, 3/29/10)

By Code Red