techkenyot.com
techkenyot.com June 25, 2018


Trump prescription plan doesn't include Medicare-negotiated pricing

14 May 2018, 08:14 | Glen Norman

Trump prescription plan doesn't include Medicare-negotiated pricing

Trump prescription plan doesn't include Medicare-negotiated pricing

"After negotiations, medicine prices increased just 1.9% previous year, below the rate of inflation, and yet patients' out-of-pocket costs continue to skyrocket, continued Ubl". He said it would take years to restructure the US drug system.

But Trump has since abandoned ideas to lower drug costs he supported during the campaign, including allowing the government's Medicare plan for older Americans to negotiate prices directly with drugmakers, and enabling US consumers to import lower-cost medicines from other countries. "He is exhausted of the government getting bad deals on the drugs seniors need, and I couldn't agree more".

Meanwhile, leading Congressional Democrats offered more aggressive proposals for lowering drug prices, most requiring legislative action.

"Property Brothers'" Drew Scott Marries Linda Phan in Beautiful Italian Wedding
For their first dance, the newlyweds surprised everyone with a choreographed routine by Emma Slater and Sasha Farber . They planned their wedding with a mind toward having a fun week away with family and friends.

"Middlemen" who are increasingly getting blamed for pushing US prescription drug prices ever upward appear relatively unfazed even after the verbal thrashing they got from President Donald Trump last week. And government programs and private consumers do not always have the means to negotiate more reasonable prices. The administration will also seek feedback on other potential policies. In addition, the White House will evaluate the prospect of requiring drug makers to include prices in their ads, and it wants to give the Medicare Part D plan sponsors more negotiation power with drug companies.

"These include the high list prices set by manufacturers, seniors and government programs overpaying for drugs due to [a] lack of the latest negotiating tools, rising out-of-pocket costs for consumers, and foreign governments free-riding off of American investment in innovation", Azar said in an address before the American Hospital Association on Wednesday.

"AARP has long supported ... allowing the Secretary of Health and Human Services to negotiate lower drug prices on behalf of millions of Medicare beneficiaries", Executive Vice President and Chief Advocacy & Engagement Officer Nancy LeaMond said in a statement. "We believe Americans should know which drug companies are gouging consumers and which ones are being good actors for our communities".

Vodacom adds 4.5m customers in South Africa
In its worldwide operations, both Mozambique and Lesotho performed strongly. Enterprise service up 10.8%, now contributing 25.7% of service revenue.

In his remarks, Azar outlined a presidential directive to "bring negotiation where it doesn't exist", merging Part B, Medicare's program for physician-administered drugs, with Part D. The Part D program was implemented in 2006 - when Azar was deputy health secretary and before he departed to become president of Eli Lilly's USA subsidiary.

The federal government now pays providers 6% more than the average price of those medicines.

"While some of these proposals could help make medicines more affordable for patients, others would disrupt coverage and limit patients' access to innovative treatments", he added citing in particular changes to Medicare Pat D and Part B. But there are big, they are bold steps. Some states negotiate supplemental discounts for certain drugs.

ICSE, ISC Board result 2018 declared: Swayam Das Class 10 topper
Mumbai boy Swayam Das, of St Mary's ICSE School in Koparkhairane, emerged the Class 10 all India topper scoring 99.4 percent. Of these, 1 lakh 84 thousand 253 students took the 10th examination, whereas a year ago this figure was 1 lakh 75 thousand.

President Trump's much-anticipated speech on prescription drug prices on Friday contained plenty of anti-pharma rhetoric - but despite some concerns about proposed changes, shares in the sector rose in response to what were seen as largely hollow threats. The agency has cleared a backlog of approvals for generic medications, and officials have spoken about tackling the "games" manufacturers play to keep competitors off the market, such as using loopholes to block rivals or paying them to delay bringing their drugs to market.



Other News

Trending Now

Superhot JP is a Japanese-based off-shoot, developed in Japan
GameTomo say that the game will be released in Japan first, and then "possibly" other countries worldwide. Moreover, a Japanese UI and menu will also be incorporated into the game to reflect the new setting.

OPEC's oil output up by 12000 b/d
The upward revision was mainly the result of firm OECD data for the first quarter of 2018. WTI Crude oil slipped to $70.45 per barrel or for 0.35%, according to Reuters.

Tiger at prom? School faces backlash for bringing exotic animal to dance
However, for students at Christopher Columbus High School in Miami , it turned into a night full of debate about animal abuse . Representatives for Christopher Columbus High School didn't immediately respond to INSIDER's request for comment.

100 points? I can not believe it - Guardiola marvels at super City
Jesus' late salvo came exactly six years on from Sergio Aguero's unforgettable injury-time victor against QPR to snatch the title in 2012.

Manchester United assistant manager Faria to leave at end of season
Mourinho is pleased with his players' response to the league situation but will not be celebrating coming second to City during Sunday's lap of appreciation.

Cannes festival organizers sign pact for gender parity
Valérie L'Epine-Karnik, CEO, Film France was held to explore co-production opportunities between India and France. Arms linked together, the women took it in turns to climb the steps halfway before standing in silent protest.

New encryption vulnerability means email is no longer secure
However, to address this risk, experts have come up with a chip that uses ionic memristor technology to address security concerns. PGP is often used to encrypt messages in popular email programs such as Outlook , Apple Mail , Thunderbird, and Enigmail .

Actress says change has 'already happened' after Cannes red carpet protest
Hayek said Weinstein specifically contested her claim and that of Lupita Nyong'o because they're women of color. It is a proven fact unfortunately. "We should have come together, because that's what's made a difference".

MI5 attacks Russian Federation over 'fog of lies'
Mr Skripal remains in hospital, while his daughter Yulia, who was also taken ill, was released to a secure location last month. Parker also condemned what he called a disinformation campaign mounted by Russian Federation following the attack.

First climbers of 2018 reach Everest summit
Polish climber Janusz Kochanski held the previous record for climbing the seven peaks, doing it in 126 days past year . A Nepali-born Canadian, Sudarshan Gautam, is the first double arm amputee to climb the world's highest mountain.