5.08.2007

Eli Lilly?

I though healthcare reform would lead to the inevitible collapse of the pharmaceutical industry! At least so I was told:
Abandoning the business lobby's traditional resistance to healthcare reform, a new coalition of 36 major companies plans to launch a political campaign today calling for medical insurance to be expanded to everyone along lines Gov. Arnold Schwarzenegger is proposing for California. [...]

The coalition includes some of the nation's largest companies: PepsiCo, General Mills, Pacific Gas and Electric Co., Wm. Wrigley Jr. Co., The Kroger Co., a number of Safeway vendors and grocery item manufacturers such as Bumble Bee Seafoods LLC.

It also includes insurers and drug firms that probably would benefit from mandated health insurance: Aetna, Blue Shield of California, Cigna HealthCare, Eli Lilly and Co. and PacifiCare.