Tuesday, October 5, 2010

Health insurers pour money into GOP campaigns, hoping to limit new regulations - latimes.com

Health insurers pour money into GOP campaigns, hoping to limit new regulations - latimes.com

Reporting from Washington — The insurance industry is pouring money into Republican campaign coffers in hopes of scaling back wide-ranging regulations in the new healthcare law but preserving the mandate that Americans buy coverage.

Since January, the nation's five largest insurers and the industry's Washington-based lobbying arm have given three times more money to Republican lawmakers and political action committees than to Democratic politicians and organizations.

That is a marked change from 2009, when the industry largely split its political donations between the parties, according to federal election filings.

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