THE FOUR PEOPLE WHO SOLICIT DONATIONS FROM HEALTHCARE SYSTEM THEY REGULATE.
Adrian Smith,
Vern Buchanan,
Lloyd Doggett,
Greg Murphy.
The receipts are dated.
The conflict is structural.
IN TODAY’S ARTICLE:
The four people on the Health Subcommittee, and the exact dollar amount each one took from the industries they price.
The model in three moves: take the money, trade the stock, write the rule.
The only MD in the room sold $750,000 in healthcare stock while seated at the table that sets its price.
The $54 million dark-money campaign that fought over this committee’s jurisdiction, and who paid for it.
Glossary at the bottom of today’s article.
YOU KNOW THE COMMITTEE. NOW MEET THE PEOPLE.
Four people set the terms under which your profession is paid. Each one takes money from the hospitals, insurers, and drug companies they regulate. Several trade the same stock. Here are their names.
In Part 1, you learned the committee. House Ways and Means. The four levers it pulls on every dollar your profession earns.
In Part 2, you learned how the machine got built. Wilbur Mills wrote the architecture in 1965 and walked away. The structure outlived him.
Four people now sit on the Health Subcommittee. Vern Buchanan chairs it. They set the terms under which your profession is paid.
Each one takes money from the hospitals, insurers, and drug companies they regulate. Several trade the same stock.
There is no polite way to have this discussion.
This is not a story about one bad vote. It is a story about structure. The charge is not that anyone sold a vote. The charge is that the people who price your profession take checks from the priced and trade the priced equities while doing so.
The receipts are dated.
The
Read them.
This is Part 3 of a series on who regulates federal healthcare and who profits from your rising premiums and your rising costs. The committee. The architecture. Now the names, the receipts, and the trades. Subscribe here to read the rest and to support the work.
