In the Ryan family, taking money from the health insurance and pharmaceutical industries is a family affair.
Mitt Romney’s selection for VP, Rep. Paul Ryan (R-Wisconsin) is the author of the Republican budget that proposes an end to Medicare, replacing it with a voucher system that would require recipients to use a coupon to purchase private health insurance. Paul Ryan’s wife, Janna Ryan, was a lobbyist for the health insurance and pharmaceutical industries, working for clients such as Novartis, Cigna and Blue Cross/Blue Shield, according to lobbying records.
Paul Ryan himself has benefited from the health insurance and pharmaceutical industries during the 2011-2012 cycle, his campaign receiving $81,850 from pharmaceuticals and $37,468 from HMOs. $65,650 of his take from these industries come from healthcare-affiliated PACs.
It should come as no surprise that the man who supports ending Medicare – his plan would force senior citizens to instead take a coupon and try to find private health insurance – is bought off by the private health insurance and pharmaceutical industries. And for the Ryans, taking money from the HMOs and big pharma, while they take away your Medicare, is a family tradition!