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Obama mandate promises windfall for pharmaceutical companies

CWN - March 02, 2012

Large pharmaceutical corporations have a keen interest in the current debate about mandated coverage of contraception in insurance programs, argues Peter Schweizer.

The Obama mandate requires insurers to provide coverage for all contraceptive drugs and devices approved by the federal government, Schweizer remarks. “It does not insist on generics. And it does not offer any cost containment.”

The pharmaceutical companies—which have contributed heavily to the Obama campaign—would realize a windfall if the contraceptives they manufacture are subsidized under the terms of the Obama mandate.

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  • Posted by: impossible - Mar. 06, 2012 12:08 AM ET USA

    Windfalls from taxpayers to Obama's special interest groups and rich contributors is Obama's stock in trade. A friend just told me it is unchristian of me to be so hard on Obama, especially in lent for Obama is a Christian. No judge or impartial jury would ever convict Obama of being a Christian.

  • Posted by: mgreen32234 - Mar. 05, 2012 9:55 AM ET USA

    The Daily Ostrich just figured this out? Pharmaceuticals were among the very first invites to the Community Organizer's business gatherings at the WH.

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