To the surprise of — well, absolutely nobody I guess — Harry Reid is rolling in drug money. Tim Carney reports that “no incumbent is receiving as much air support from the drug industry as is Reid, who championed a health care bill that pads drug company profits”: Right after [PhRMA head Billy] Tauzin’s July [...]
|By: Jane Hamsher Friday December 11, 2009 8:34 am|
Harry Reid, who is solely responsible for crafting the bill that he introduced in the Senate, decided that there should be a limit on lifetime benefits. So when people get sick and have huge bills for things like biologic drugs that cost $50,000 or $100,000 a year, whose bills could become “unreasonable” because Congress is granting drug manufacturers “indefinite monopolies” (per Henry Waxman) that prevent generics from coming to market to compete with them, Harry Reid thinks they should eventually be cut off.