CONTRACEPTION MANDATE: Actually a payoff to Big Pharma? “Completely ignored is the more fundamental problem: this mandate is not only about the bedroom, it’s about the boardroom. You’ve heard of crony capitalism? Well this is America’s first example of crony contraceptives. Forget for a minute the religious question and look at who wins big here: Big Pharma. This mandate is not really about condoms or generic versions of ‘the pill,’ which are available free or cheap in lots of places. This is about brand-name birth control drugs and other devices that some consumers swear off because they are too expensive. The Health and Human Services (HHS) mandate requires health-insurance companies provide contraceptive coverage for all ‘FDA approved contraceptive methods.’ It does not insist on generics. And it does not offer any cost containment. . . . It’s important to point out that among President Obama’s biggest financial backers are precisely the Big Pharma companies who benefit from the mandate.”
In my opinion, this whole kerfuffle is about distracting voters from the economic disaster Obummer has overseen during his term and certainly the media has enthusiastically joined him in that effort. Still, if his scheme also enriches his fat cat contributors well, that’s a lovely lagniappe.