From Alex Newell Taylor <[email protected]>
Subject Health care CEOs made $4 billion last year. It’s outrageous.
Date August 31, 2023 8:03 PM
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[1]NNU - Medicare for All!

Did you see
this enraging headline?
 

Health care CEOs are pocketing billions of dollars in salaries and bonuses
and then using obscene amounts of money to influence politicians through
campaign contributions.

In 2022, total health care industry spending on lobbying was a whopping
$731 million -- the highest of any year yet.^1 In the same year,
for-profit health care companies spent $102.9 billion on stock buybacks to
buy shares in their own company in order to inflate the price of stock and
enrich their investors.^2

Here is what is clear: the for-profit health care system is unparalleled
in producing billions of dollars in profits and maintains this status quo
by flushing congressional campaigns with hundreds of millions of dollars
every election cycle.

It must stop now. This is why we’re reaching out to you today to ask if
you’ll take action by joining one of our Patients Over Profits Special
Volunteer Teams.

Our special teams are doing important and time-sensitive work to advance
our Patients Over Profits pledge, which calls on politicians across the
country to refuse campaign contributions from the corporate health care
industry.

If we want to end this cycle of injustice, we need to use our collective
power. So what do you say? [ [link removed] ]Will you take action now
by signing up to join one of the Patients Over Profits Special Volunteer
Teams? We’ll provide you with all of the training, materials, and support
that you need.

[ [link removed] ]Sign Up

Thank you for taking action today,

Alex Newell Taylor
Nurses' Campaign to Win Medicare for All

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1. [ [link removed] ]opensecrets.org/industries/lobbying.php?ind=H

2.
[ [link removed] ]press.spglobal.com/2023-03-21-S-P-500-Q4-2022-Buybacks-Tick-up,-As-2022-Sets-A-Record-Proforma-Buyback-Tax-Would-Have-Reduced-Operating-Earnings-by-0-51-for-2022



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