Health sector puts its money on Democrats

[JTFrog]

Donations underscore industry's frantic effort to influence candidates

The New York Times
Updated: 2:47 a.m. ET Oct 29, 2007

WASHINGTON - In a reversal from past election cycles, Democratic candidates for president are outpacing Republicans in donations from the health care industry, even as the leading Democrats in the field offer proposals that have caused deep anxiety in some of its sectors.

Hospitals, drug makers, doctors and insurers gave candidates in both parties more than $11 million in the first nine months of this year, according to an analysis of campaign finance records done for The New York Times by the Center for Responsive Politics, an independent group that tracks campaign finance.

In all, the Democratic presidential candidates have raised about $6.5 million from the industry, compared with nearly $4.8 million for the Republican candidates. Senator Hillary Rodham Clinton of New York has amassed the most of any candidate, even as she calls for changes to the health care system that could pose serious financial challenges to private insurers, drug companies and other sectors.

http://www.msnbc.msn.com/id/21523626/