December 7th, 2009
Philadelphia Inq reports:
WASHINGTON – The pharmaceutical industry may have to cough up more than the $80 billion it agreed to contribute to President Barack Obama’s health overhaul effort, reflecting pressure from Democrats and their supporters for more money to cover older and low-income people.
Obama and congressional Democrats want the drug industry to remain a crucial ally in the health care fight because of its deep pockets and influence in states where it is a large employer, including New York, New Jersey, Connecticut and Indiana. So far, it remains an active backer of the Democrats’ efforts to expand a supportive TV ad campaign on which it has already spent tens of millions of dollars.
By many accounts, the health package the House approved last month would count on getting about $140 billion from drug companies to defray additional health care costs over the next decade. Industry officials say the version the Senate is debating may already pluck close to $100 billion from drugmakers , and an expected parade of amendments could boost that by billions more.
“The numbers are still in the same ballpark,” said Ken Johnson, senior vice president of the Pharmaceutical Research and Manufacturers of America. “And we’re still committed to making health care reform a reality this year.”
The proposals to dig deeper into drugmakers’ wallets pose a test for one of Washington’s richest lobbies as it works to limit the damage. Many Democrats believe the industry will profit when roughly 30 million uninsured Americans gain coverage for prescriptions.
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