Chris McCoy MD
Almost 30 key lawmakers helping draft landmark health-care legislation have financial holdings in the industry, totaling nearly $11 million worth of personal investments in a sector that could be dramatically reshaped by this summer’s debate Thirty key lawmakers helping draft landmark health care legislation have financial holdings in the industry, totaling nearly $11 million worth of personal investments.
Democrat Senate Majority Leader Harry Reid has at least $50,000 invested in a health care index.
Republican Senator Judd Gregg, a senior member of the Health Committee, has up to $560,000 worth of stock holdings in major health care companies, including Bristol-Myers Squibb and Merck.
The family of Democratic Congresswoman Jane Harman held at least $3.2 million in more than twenty health care companies at the end of last year.
Democrat Senator Kerry, John Kerry, and his wife Teresa Heinz Kerry hold at least $5.2 million in companies such as Merck and Eli Lilly.
The Senate Health, Education, Labor and Pensions Committee plans to hold a key hearing today to discuss health care reform. On that twenty-two-member panel, at least eight Senators have financial interests in the health care industry.
The hearings will be held by Democratic Senator Chris Dodd, whose wife serves on the boards of four health care companies. She received more than $200,000 in salary and stock from her service last year.
And Republican Senator Johnny Isakson holds at least $165,000 in pharmaceutical and medical stocks.
Democratic Senator Kay Hagan holds at least $180,000 in investments in more than twenty health care companies.
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