Wednesday, November 17, 2010

Wonder why insurance premiums are going up?

Maybe it's because insurance companies secretly gave the U.S. Chamber of Commerce $86 million to fight health care reform last year.

Bloomberg reported today that,
The spending reflects the insurers’ attempts to influence the bill after Democrats in Congress and the White House put more focus on regulation of the insurance industry.
The ginormous contribution to the Chamber was revealed in tax returns filed recently.