Drug industry executives testify before the Senate Finance Committee.
In the hearing on drug prices — billed as one of the biggest Congress-vs.-industry showdowns since the tobacco hearings of the 1990s — exchanges between the lawmakers and the CEOs were remarkably unremarkable. But while senators on the committee asked the executives a range of questions about the drug pipeline, thereThe witnesses frequently recited well-worn arguments for why insurers and pharmacy middlemen should share more of the blame for the high cos of prescription drugs. The senators largely refrained from insisting on direct answers as to why these companies have1. Drugmakers were reluctant to make firm commitments to lowering list prices even under their best-case scenario.
The executives expressed openness to the idea but stressed the rebate ban should apply broadly to drugs covered in commercial plans and not just government-run programs — and hinted that insurers should still feel a responsibility to charge smaller co-payments to customers.
Source: Healthcare Press (healthcarepress.net)
This is just Congress giving the issue mouth service. Nothing will come of it.
Ya think ?!!!
That's for sure the republicans don't give a shit about us
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Analysis | The Health 202: States scramble to head off future Medicaid shortfallsStates like Oregon are imposing new taxes to make up the difference. Color me shocked, silly hippies This is what happens when you have a public option that only people who are statistically more likely to get sick/be sick are part of. If we expanded the public option by making it available to anyone who wants it then it would become a self-sustaining pool. They scramble to pay for Medicare yet easily approve $700B last year for war.
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Health 202: HHS head Azar will take a victory lap on drug prices in speech todayThe Health 202: HHS head Azar will take a victory lap on drug prices in speech today Our great Governor DeSantis is doing this at the state level. Get on board wapo. this infuriating. They don't even understand how drug pricing works! They're supposed successes/proposals are nothing more than shifting costs from one bucket. That's to say nothing of the indirect (but no less severe) impact their idiocy will have on Medicare/Medicaid costs. Shameful
Source: washingtonpost - 🏆 95. / 72 Read more »
Live Analysis: Drug-Company CEOs Take the Hot Seat Before CongressRising drug prices will be in the spotlight as pharmaceutical industry executives testify before the Senate Finance Committee, where lawmakers are expected to ask executives from firms such as Merck and Pfizer about their pricing practices and other issues. They got a free ride & red carpet rolled out under the obama administration. Na sala de aula Like the tobacco CEOs, pharma bosses are making promises and claims they will come to regret as Americans crack down on those who extract massive profits from the sick.
Source: WSJ - 🏆 98. / 63 Read more »
Analysis | The Energy 202: Trump ethics' rules at issue in controversy over EPA official's meetingThe Energy 202: Trump ethics' rules at issue in controversy over EPA official's meeting Occupied West Bank Schools: TerroristIsraeli drills limit Bedouin access to schools ThisIsIsrael israeliterrorism IsraelWarCrimes EndIsraeliOccupation StopArmingIsrael BDS
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Cybersecurity 202: On Huawei policy, it's Trump vs. the Trump administrationThe president might have scuttled a long-planned ban on the Chinese company in 5G networks. You guys... Where is ZTE? Trump gave them access against warnings from IC agencies. Not a cent allocated for cybersecurity was spent on it.
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Energy 202: One of world's biggest coal miners caps production amid climate concernsAnalysis: One of world's biggest coal miners caps production amid climate concerns Yup, this is why the New Era is all about Clean Energy and Organic growing for the mass production.
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Daily 202: Will supporting reparations become a new litmus test for Democrats in 2020?Analysis: Will supporting reparations become a new litmus test for Democrats in 2020? IT IS ABOUT TIME THEY PAY ME FOR HAVING BLACK ANCESTORS 150 YEARS AGO! CORY2020 Would white people get credit for payments already paid? Would black people get debits for their costs to society? I now identify as black. Where is my money?
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Energy 202: Oregon pushes sweeping climate bill after Democrats win big in 2018The Energy 202: Oregon pushes sweeping climate bill after Democrats win big in 2018 A complete waste of taxpayer dollars. Oregon and Washington both a waste. The people of Oregon are going to get it good and hard, just as they asked for during the election. When the crying starts, I'll be over here chuckling at them. US carbon emissions lowest in 20y.
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Technology 202: Policymakers sound alarms as Facebook quietly collects sensitive data from appsAnalysis: Policymakers sound alarms as Facebook quietly collects sensitive data from apps Open an investigation... u Dems are very skilled at that
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Technology 202: Advocate urges Congress to protect digital rights of people of color as it crafts privacy billAnalysis: Advocate urges Congress to protect digital rights of people of color as it crafts privacy bill why are these companies still able to operate at all? they are STILL providing data to HOSTILE foreign intelligence services who are attacking American citizens on a mass scale why is NOBODY protecting American citizens from such an OBVIOUS national security threat? BLACK HISTORY MONTH JOE LOUIS 'I NEVER THOUGHT OF LOSING, BUTNOW THAT IT'S HAPPENED, THE ONLY THING IS TO DO IT RIGHT. THT'S MY OBLIGATION TO ALL THE PEOPLE WHO BELIEVE IN ME. WE ALL HAVE TO TAKE DEFEATS IN LIFE Too bad the story is only important enough to post the article's title. If WP can only SELL info, they shouldn't be posting on Twitter.
Source: washingtonpost - 🏆 95. / 72 Read more »