Contraceptive mandate is a boon for Big Pharma
Posted By Jennie Chancey on August 27, 2011
From Bob Laird over at Mercatornet:
Backlash continues to mount against the August 1 decision by the US Department of Health and Human Services (HHS) to mandate that contraception be fully covered as “preventive” medicine by insurance companies – and thus, “free” for consumers. Most of the criticism has thus far revolved around the lack of real conscience protections for religious employers and the fact that the decision relegates pregnancy to a disease to be prevented. An additional consequence is coming to light which raises serious ethical questions: pharmaceutical companies will now be paid full price for contraceptives that they previously had to provide at a discount due to federal regulations. …
The HHS ruling becomes effective on August 1, 2012 – just before next year’s Fall semester. The precise timing of the implementation will allow all college students free access to contraceptive products for the 2012-13 school year. This is good news for pharmaceutical companies: now they can expect full reimbursement for their birth control products since there will be no incentive for them to reduce their prices.
Read the full piece HERE. “Follow the money,” he says. And he is right. For a full expose’ of the insane profits involved in the birth control and abortion industries, read Grand Illusions by George Grant.
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