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Pelosi: 'Insurance Industry Has Spent Millions of Dollars on Wrong Side of History' by Secretly Funding Deceptive Ads
Date:1/12/2010

WASHINGTON, Jan. 12 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi issued the following statement today on a news report (http://undertheinfluence.nationaljournal.com/2010/01/health-insurers-funded-chamber.php) showing that the nation's largest insurance companies funneled between $10 million and $20 million through the U.S. Chamber of Commerce to fund deceptive television ads opposing health insurance reform. The article by National Journal (http://undertheinfluence.nationaljournal.com/2010/01/health-insurers-funded-chamber.php) also reveals that the effort was well underway even as the insurance companies were publicly claiming to support health reform:

"These big insurance companies appear to have gotten caught secretly bankrolling the effort to kill health insurance reform for millions of Americans, despite their disingenuous claims of support for the legislation. This duplicity is not surprising coming from an industry that has used every method to try to kill health insurance reform that would save lives, save money, save jobs, and save Medicare.

"The insurance industry has spent millions of dollars on the wrong side of history -- standing in the way of progress for our workers, families, and businesses, by secretly funding a campaign to main
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SOURCE Office of the Speaker of the House
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