We've argued that the leading health industry CEOs will one day be exposed as the most short-sighted business leaders in history, but how to explain the gala fundraiser that their top lobbyists hosted for Martha Coakley last night?

Amid a Beltway panic, the health lobby is riding to the rescue of the Massachusetts liberal, whose defeat in the special Senate race next Tuesday could deny Democrats the 60th vote for ObamaCare and thus maybe spare the U.S. health system from the coming damage.

As...