Obamacare may cause disasters for many patients, deprive some people of their existing insurance plans, and prompt doctors into early retirement. But those who helped pass the law back in 2010 are reaping big profits from its implementation now that they have joined D.C.’s “lobbyist/consulting complex.”
The Hill reports that “major lobbying firms such as Fierce, Isakowitz & Blalock, The Glover Park Group, Alston & Bird, BGR Group and Akin Gump can all boast an ObamaCare insider on their lobbying roster — putting them in a prime position to land coveted clients . . . ‘When [Vice President] Biden leaned over [during the bill's signing] and said to [President] Obama, “This is a big f’n deal,”’ said Ivan Adler, a headhunter at the McCormick Group, ‘he was right.’”
What many people view as Obamacare’s flaws — its complexity, the constantly shifting deadlines for implementation, its poorly drafted language — are manna for the K Street lobbying community. Assuming the law survives, its implementation phase is expected to last through 2020 — something akin to a lifetime in Washington lobbying contract terms.