Obama Colluded with Drug Companies to Keep Prices High?
~ The Rebel ~
2012/06/10 15:47:25
A new trove of emails shows Obama’s White House agreed to help drug companies block a proposal to bring down medicine prices so they would back Obama’s healthcare plan.
House Republicans obtained the three-year-old correspondence between the Obama administration and representatives of the drug industry and released more of them to the public on Friday, The New York Times reported.
The exchanges show the compromises as they were being negotiated that laid the groundwork for the health care law now awaiting the judgment of the Supreme Court.
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DeParle assured the lobbyist, according to the Times, saying that athough Obama was overseas, White House officials had “made decision, based on how constructive you guys have been, to oppose importation” on a different proposal.
In the end, the drug industry agreed to provide $80 billion to expand health coverage in exchange for protection from policies that would cost more, the Times reported.
The paper said Obama felt the deal had to be made if he was to be successful in getting his healthcare proposals — nicknamed Obamacare — accepted.
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