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Gingrich Health Think Tank Declares Bankruptcy
Posted By Adam Searing On April 5, 2012 @ 11:03 am In Uncategorized | Comments Disabled
But back in 2005 Newt Gingrich bestowed his wisdom on health care in North Carolina at the NC State Emerging Issues Forum on health care. Paid $40,000 for his appearance , Gingrich’s main point was that the “health-care system can’t be fixed.” Plugging his industry-funded group  (health insurers and other health businesses pay $20,000 to $200,000 to be members), the Center for Health Transformation, Gingrich extolled the virtues of high-deductible health plans.
A few years later, all these high-dollar speaking appearances and corporate donations were starting to pay off. Speculation in 2009 was swirling about a possible run for President, but Newt tamped down that idea, arguing he was busy with a pair of think tanks  – “American Solutions and the Center for Health Transformation.” Said he: “I really love trying to solve problems. I get very excited about it.”
Sadly today, all the $40,000 speaking fees and corporate largesse couldn’t prevent the Center for Health Transformation from declaring bankruptcy. Observed one commentator:
Here’s hoping the employees at the Center don’t lose their health insurance.
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URL to article: http://pulse.ncpolicywatch.org/2012/04/05/gingrich-health-think-tank-declares-bankruptcy/
URLs in this post:
 Image: http://pulse.ncpolicywatch.org/wp-content/uploads/2012/04/gingrich.jpg
 Paid $40,000 for his appearance: http://www.newsobserver.com/2005/02/08/39178/forums-focus-is-health.html
 Plugging his industry-funded group: http://www.businessweek.com/news/2012-01-30/gingrich-firm-top-clients-got-to-attend-signing-of-favored-bill.html
 he was busy with a pair of think tanks: http://www.newsobserver.com/2009/04/15/78760/gingrich-is-regaining-clout.html
 “While health-care costs have bankrupted many without insurance, Gingrich may be the first to go broke studying health-care delivery.”: http://www.bizjournals.com/atlanta/news/2012/04/05/newt-gingrich-think-tank-files.html
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