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Healthcare Industry Puts $46.7 Million Into Midterm Campaigns

The 2018 election was projected to be the most expensive midterm in history, with $5 billion expected to be spent by candidates, parties, PACs and outside groups, according to the Center for Responsive Politics, a nonprofit that compiles data on campaign contributions and lobbying.

About 45 percent of America’s $3.3 trillion in annual health care spending comes from government, so the industry has a lot riding on decisions in Congress.

The highest donations from health-care groups and individuals went to races where senators are raising historic amounts of money. The top recipients are Democratic senators Claire McCaskill of Missouri, with $1.85 million from health groups; Bob Casey of Pennsylvania with $1.76 million; and Sherrod Brown of Ohio with $1.74 million. Each has sparred with Republican opponents over the Affordable Care Act and the law’s protections for people with pre-existing conditions.

While much of the health-care debate in this election has focused on drug prices, physician groups have contributed more to congressional campaigns than pharmaceutical companies. Their PACs contributed $20.6 million to federal candidates.

When contributions from employees from the various companies represented in the PAC are included, the total donated from the healthcare sector rises to $200 million, which is more than any other midterm election dating back to 1990, according to the report.

Source: Becker’s Hospital Review.

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