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Insurers ponied up $86M to squash health reform

by Brendon Nafziger, DOTmed News Associate Editor | November 17, 2010
Health insurers forked over $86.2 million to the U.S. Chamber of Commerce last year to thwart health reform legislation, according to a Bloomberg report.

The news agency said that Washington-based America's Health Insurance Plans, an insurance lobby representing such heavy-hitters as UnitedHealth Group Inc. and Cigna Corp., paid the money to the Chamber at the same time the industry was asking Congress to kill a public health insurance option.

The money paid for advertisements and a grass roots campaign, a Chamber spokesman said. The funds accounted for nearly 40 percent of the group's 2009 spending, Bloomberg said.
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The Chamber filed funding disclosure forms Tuesday, as required by U.S. law, indicating it received $86.2 million from a single contributor. Bloomberg said anonymous sources familiar with the transaction identified the donor as AHIP.