Monday, August 26, 2013

ObamaCare's architects reap windfall as Washington lobbyists

ObamaCare has become big business for an elite network of Washington lobbyists and consultants who helped shape the law from the inside.
 
More than 30 former administration officials, lawmakers and congressional staffers who worked on the healthcare law have set up shop on K Street since 2010.

Major lobbying firms such as Fierce, Isakowitz & Blalock, The Glover Park Group, Alston & Bird, BGR Group and Akin Gump can all boast an Affordable Care Act insider on their lobbying roster — putting them in a prime position to land coveted clients.

“When [Vice President] Biden leaned over [during the signing of the healthcare law] and said to [President] Obama, ‘This is a big f'n deal,’ ” said Ivan Adler, a headhunter at the McCormick Group, “he was right.”


Veterans of the healthcare push are now lobbying for corporate giants such as Delta Air Lines, UPS, BP America and Coca-Cola, and for healthcare companies including GlaxoSmithKline, UnitedHealth Group and the Blue Cross Blue Shield Association.

Ultimately, the clients are after one thing: expert help in dealing with the most sweeping overhaul of the country’s healthcare system in decades. 

"Healthcare lobbying on K Street is as strong as it ever was, and it's due to the fact that the Affordable Care Act seems to be ever-changing," Adler said. "What's at stake is huge. ... Whenever there's a lot of money at stake, there's a lot of lobbying going on."

The voracious need for lobbying help in dealing with ObamaCare has created a price premium for lobbyists who had first-hand experience in crafting or debating the law.

Via: The Hill


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