Top Congressman Allen Boyd contributor to reap some benefits from the Health Care Reform bill

One of the top, if not the top, contributors to Congressman Allen Boyd’s Campaign in 2009-2010 will be one of the benefactors to of the Health Care reform bill.

Top 5 Contributors, 2009-2010, Campaign Cmte
Contributor Total Indivs PACs
Pfizer Inc $12,063 $0 $12,063
American Assn of Orthopaedic Surgeons $10,000 $0 $10,000
AmeriPAC: The Fund for a Greater America $10,000 $0 $10,000
Blue Dog PAC $10,000 $0 $10,000
Florida Citrus Mutual $10,000 $0 $10,000

Pfizer will be able to raise the prices of its drugs with absolutely no controls on them and will be protected from generics even when the patents run out.

For agreeing to give $80 billion in Medicare discounts to help pay for reform, Big Pharma got a palatable bill that does not institute any price controls. The bill also gives drug firms a generous 12-year period during which generic companies cannot make copies of protein drugs, even if patents on them expire. Such protein drugs are currently many of the industry’s biggest sellers and brightest research hopes. – Forbes

So you could end up paying more for your drugs and when generics should come out they won’t now. All with the help of Congressman Allen Boyd. Another thing you can thank him for.

Just a reminder that no one in Congress thought to read the darn bill they passed. Just rushed to pass it without regard to the consequences.



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