Don Sherwood Got His!
Take Action! Don Sherwood got $205,000 in campaign contributions from insurance and drug company special interests. In return, Sherwood voted for a plan that stops Medicare from negotiating lower drug prices and makes drug companies money- lots of it.

 


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Ad Validation
Thirty-second television ad by Campaign Money Watch
 
Title "His"
Announcer 1 Don Sherwood got his.
Announcer 2 $205,000 in campaign cash from insurance and drug company interests.
Fact Rep. Don Sherwood has received $147,103 from insurance interests and $68,133 from pharmaceutical interests.
Source Center for Responsive Politics, http://www.crp.org/
politicians/allindus.asp?CID=N00001510

Note: His current insurance and pharmaceutical industries totals add up to $215,000. These numbers are higher than the calculation made at the time of the recording of the television ad.
Announcer 1 And they got theirs.
Announcer 2 Sherwood voted for a plan that stops Medicare from negotiating lower drug prices and makes drug companies money - lots of it.
Fact Rep. Don Sherwood voted yes on the “Medicare Prescription Drug, Improvement, and Modernization Act” on November 22, 2003.
Source Roll call vote #669, November 22, 2003.
Fact

“Medicare’s unrestrained drug prices means taxpayers would give an estimated $139 billion in undeserved profits over 8 years to drug makers, simply for making and selling more pills. … This windfall, at $17 billion annually, means about a 31% rise in drug makers’ profits.”
Source Alan Sager and Deborah Socolar, Boston University School of Public Health, October 2003. http://dcc2.bumc.bu.edu/hs/Medicare_Rx%20_windfall_for_
drug_makers_highlights_15_Apr_04.pdf
Announcer 1 What did you get?
Announcer 2 The bill! We’re paying higher Medicare premiums and
more for prescription drugs.
Fact “The structure means that sicker patients with higher drug costs will end up not only paying more for their drugs, but paying a higher share of their drug costs than those with fewer prescriptions, Moon says. A senior with $1,000 in annual drug costs would pay $438 out of pocket under the plan, while a beneficiary with $5,000 in costs would be responsible for $3,500 of their total costs.”
Source Todd Zwillich, Report Warns of Medicare Drug Coverage Gaps, June 1, 2004, WebMD.com, http://www.webmd.com/content/article/88/99741
Fact “The Medicare drug benefit was not designed in a way to minimize costs to the government and beneficiaries. Instead, Congress designed a plan that ensures high profits for the pharmaceutical and insurance industries. One result of this design is that the Medicare drug benefit includes an unusual $2,850 gap in coverage, where beneficiaries are entirely responsible for their drug bills.”
Source “The Origins of the Doughnut Hole: Excess Profits on Prescription Drugs,” Dean Baker, August 2006, Center for Economic and
Policy Research, http://www.cepr.net/publications/
part_d_drug_profits_2006_08.pdf
Announcer 1

Tell Don Sherwood the drug plan he voted costs too much!

Public Campaign Action Fund’s Campaign Money Watch is responsible for the content of this ad.

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