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2+2=? Senate Uses Murky Math as It Shelves Drug Pricing Rule to Fund Infrastructure
The Medicare rule, designed by the Trump administration to take money away from drug industry brokers and provide refunds to patients, has not been implemented. But budget analysts say if it were, it would cost the government money. So senators are pushing the rule aside and claiming to save billions of dollars, which they want to use instead on new projects.
Sen. Wyden: $3.5T Budget May Have to Trim but It Can Set a Path to ‘Ambitious Goals’
Sen. Ron Wyden (D-Ore.), who is helping to negotiate the health care spending framework for the Democrats’ budget plan, said lawmakers may have to settle for very basic versions of programs deployed in the package. But the key, he added, is to get the “architecture of these changes, bold changes,” started and show people what is possible.
Senate Democrats’ Plan Boosts Spending on Medicare, ACA Subsidies, Long-Term Care
The plan from high-wire negotiations would affect five key areas of health, but there will be further tense negotiations among Democratic lawmakers about specifics of the $3.5 trillion in funding. And all Senate Democrats will need to be behind the plan, because Republicans oppose it.
Drugmakers’ Spending on Stock, Dividends and Executive Pay Exceeds Research, Democrats Say
The pharmaceutical industry argues that large profits are needed to fund extensive research and innovation. But Democrats on the House Oversight and Reform Committee, seeking to bolster their effort to let Medicare negotiate drug prices, say major drug companies plow more of their billions in earnings back into propping up their stock and enriching executives and shareholders.
Lady Gaga and J.Lo Sell ‘Well’ Building Seal, But It’s a Payday, Not a PSA
A company sees the pandemic as an opportunity to push its ‘Well’ seal. It would like the indoor wellness logo to become as ubiquitous as the LEED green building halo — and make a profit, too.
Military Exposed to Toxic Fumes From Burn Pits Set to Get Bipartisan Boost
Democratic Sen. Kirsten Gillibrand and Republican Sen. Marco Rubio were set to roll out a bill Friday that could help unknown thousands of service members who are sick from toxic substances they were exposed to from burning garbage in Afghanistan, Iraq and other war zones.
Doctors Found Jet Fuel in Veteran’s Lungs. He Can’t Get Full Benefits.
Sick with ailments similar to those suffered by 9/11 first responders, military service members exposed to toxic burning garbage in Iraq and Afghanistan may finally see Congress address their plight. President Joe Biden believes his son Beau’s brain cancer may have been caused by such exposure.
With Pandemic Surging, Ohio Gov. DeWine Dials Back His Aggressive Response
The governor won praise around the state for his early efforts to combat the coronavirus, but as the crisis wore on and President Donald Trump played down the threat, Ohio Republicans began to grow restless with DeWine’s stance, and concerns for his reelection campaign in 2022 are rising.
Sky-High Drug Prices Driven by Pharma Profits, House Dems Charge
Democrats on the House Oversight Committee released a damning investigation Wednesday of drug company pricing tactics and profits, as two days of hearings with testimony from pharmaceutical industry CEOs begin.
Colleges’ Opening Fueled 3,000 COVID Cases a Day, Researchers Say
In a draft study, researchers correlated cellphone data showing students’ back-to-campus movements and county infection rates to quantify how the coronavirus spread as colleges and universities reopened for the fall semester.
