Total contributions to super PACs: $2.8 million*
- $2.8 million to Cooperative of American Physicians IE Committee
Corporate subsidiaries: Cooperative of American Physicians Insurance Services, Inc.
Total spent on federal lobbying (2007-2011): $270,000
Lobbying issues: Limiting medical malpractice lawsuits.
Background:
The Cooperative of American Physicians, Inc. made $2.8 million in contributions during the 2012 election cycle, once enough to rank it among the top donors to super PACs. All of its money went to its affiliated Cooperative of American Physicians IE Committee.
The Cooperative of American Physicians, Inc., is owned and governed by California doctors. Members qualify to buy medical malpractice insurance through the Mutual Protection Trust, which provides coverage to 12,000 doctors, according to the company. CAP, as it is commonly known, supports medical liability reform; that is, it advocates for legislation that makes it more difficult for patients to bring medical malpractice suits.
CAP has long been politically active, and has both state and federal political action committees.
Following the Citizens United U.S. Supreme Court decision, the corporation created its well-funded super PAC, which spent roughly $1.5 million on independent expenditures this election cycle.
In 2011, the group supported California Democrat Janice Hahn, who won a special election in California's 36th Congressional District.