March 5, 2012

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.”

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