OpenSecrets November 22, 2021
Ariel Gans

Health sector spending increased 5% during the third quarter, continuing a nearly three year streak ahead of Build Back Better negotiations.

The Build Back Better Act, a roughly $2 trillion social policy and climate change bill and a key part of President Joe Biden’s domestic spending agenda, passed the House on Friday morning. The bill allocates $165 billion to health care spending and is touted by the White House as the biggest expansion of affordable health care in a decade.

The health sector has been the highest spending sector every quarter for three years. This quarter, the sector added $160.8 million for a $498.9 million 2021 lobbying total. The sector gave President Biden $60.6 million during the 2020 election cycle.

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Topics: ACA (Affordable Care Act), Congress / White House, Govt Agencies, Healthcare System, Insurance, Pricing / Spending, Regulations
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