OutSpent
Series 2: The Drug Money

Commemorative Series No. 2 · The Drug Money

OUTSPENTNo. 27/54
Kent Conrad
Kent
Conrad
U.S. Senate · D-ND
VOTED YES★ BOUGHT & PAID FOR ★THE DRUG MONEY · 2003$H.R.1
Taken from pharma & insurers
$31,250
H.R.1 · Medicare drug-price ban · 2003tap to flip ⤺
★ BOUGHT & PAID FOR ★THE DRUG MONEY · 2003$H.R.1
WHO THEY WORK FORNo. 27/54
Pharma & Health$22,250
Johnson & JohnsonMerckAmgenBristol Myers SquibbPhRMAPfizer
Insurers & HMOs$9,000
UnitedHealthAetnaAHIP
Banned Medicare from negotiating drug prices for 19 years. Once it could (2024), prices fell 38–79%. · 108-1-459OUTSPENT

Card 27 of 54 · tap the card to see who they work for

Beyond the check

The check is only the part you can see.

They took
$31,250
The industry spent on the bill
$116M

on drug-industry lobbying in 2003, about ten lobbyists for every senator

Then, after office

Joined the board of the insurer Genworth weeks after leaving the Senate.

Source: Bloomberg, 2013

The industry figure is lobbying spent on the bill, not a payment to this senator. Source: Public Citizen (2004); Center for Public Integrity. Everything here is documented public record; nothing alleges an illegal act.

★ Hall of Shame

Conrad voted with the money in more than one set:

Don't recognize a logo? Here's the key.
Pharma & Health$22,250
  • Johnson & Johnson$16,750
  • Merck$2,000
  • Amgen$1,000
  • Bristol Myers Squibb$1,000
  • PhRMA$1,000
  • Pfizer$500
Insurers & HMOs$9,000
  • UnitedHealth$3,000
  • Aetna$3,000
  • AHIP$3,000
AlexanderDeWine

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