August 05, 2009
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What does UnitedHealthcare CEO Stephen Hemsley have to lose if Congress passes real healthcare reform this year? Well, for starters, his nearly three quarters of a billion dollars in unexercised stock options might lose a few pennies on the dollar.
What does Isabella, a four year-old girl in Wisconsin who is physically incapable of eating and has had to be tube fed her entire life, have to gain from healthcare reform? The treatment she needs to live a normal life.
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The drug lobby demands, and gets, Obama pledge to protect health care profits
By Kate Randall
7 August 2009
The Obama White House has acknowledged it made a deal with drug makers to block moves in Congress to obtain any cost savings beyond the $80 billion already agreed to by the pharmaceutical lobby.
The New York Times reported Thursday that, in return for the $80 billion agreement, the Obama administration pledged that it would work to block any health care legislation that would allow the government to negotiate price-setting on drugs.
The deal is further evidence of the corporate forces calling the shots in Obama’s health care overhaul. While touring the country claiming the plan will make the health care giants’ “honest,” the administration is cutting behind-the-scenes deals to protect and boost their profits.
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