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Did the AMA Endorse Obamacare For Financial Gain?

Posted on January 3 2010 11:44 am
Liz Blaine is a financial analyst, author and freelance writer on finance, economics and politics. Follow her on Twitter and her blog Liz Blaine.
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By: Erik A. Dahl, M.D. M.B.A

Unfortunately, the president of the American Medical Association, Dr. James Rohack, in his response (“AMA Is Working With the Senate,” Letters, Dec, 28) to the Dec. 21 editorial “Change Nobody Believes In,” does not indicate that his support is another unfortunate example of political deal-cutting in the guise of support for the disastrous health reform bill.

Democrats are touting the AMA’s endorsement, little has been reported in the media that a large portion of the AMA’s income (the exact amount will not be released by the AMA) stems from the exclusive rights to the medical billing codes that doctors are required to use when they submit bills to insurance plans.

Read more at the Wall Street Journal

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