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Biden White House: Year 4


tgo

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No I don't think that has anything to do with super rich. It is the top 1.8% of income earners though.    Also if you think the proposals to raise the taxes on people making that much are ex

A couple of years ago, I was  late for a conference call with colleagues in Germany and India. After joining the call and apologizing for being late. Someone from India said, "just be like Trump and s

Voter ID isn't the big issue. The big issue is state law proposals that allow state legislatures to overrule the vote in elections and that take power away from the state's secretaries of state as wel

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https://www.statnews.com/2023/08/29/10-drugs-medicare-price-negotiation/
 

Medicare on Tuesday announced it will negotiate prices for 10 drugs, including major blood thinners and diabetes medications, in the first round of its negotiation program created in Democrats’ drug pricing reform law.

 

The drugs include Bristol Myers Squibb’s blood thinner Eliquis, Boehringer Ingelheim and Eli Lilly’s diabetes drug Jardiance, Johnson & Johnson’s blood thinner Xarelto, Merck’s diabetes drug Januvia, AstraZeneca’s diabetes drug Farxiga, Novartis’ heart failure treatment Entresto, Amgen’s rheumatoid arthritis drug Enbrel, Johnson & Johnson and AbbVie’s blood cancer treatment Imbruvica, J&J’s anti-inflammatory medicine Stelara, and Novo Nordisk insulins that go by names including Fiasp and NovoLog.

 

The new prices will be announced on Sept. 1, 2024, and will go into effect on Jan. 1, 2026. The drugs were chosen from a list of 50 treatments that cost Medicare’s pharmacy drug benefit the most money. The selected medicines cost Medicare more than $50 billion and made up 20% of the Medicare program’s pharmacy drug costs over a one-year period, the Department of Health and Human Services said.

 
However, there’s a chance that the program will never actually go into effect. Several of the companies that make the medicines selected for the negotiation program have sued the Biden administration in courts across the country, claiming the program is unconstitutional, including Merck, Bristol Myers Squibb, Boehringer Ingelheim, Johnson & Johnson, and AstraZeneca. The U.S. Chamber of Commerce requested a preliminary injunction, which would immediately stop the law’s implementation.

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13 hours ago, ChemEngr79 said:

 

But, but, gas prices are higher this summer than this spring!  😄

 

Russia and Saudi Arabia have cut oil production. OTOH, China's economy is in the tank with a deflationary environment.  That will likely reduce future demand.

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12 minutes ago, Starkiller said:

However, there’s a chance that the program will never actually go into effect. Several of the companies that make the medicines selected for the negotiation program have sued the Biden administration in courts across the country, claiming the program is unconstitutional, including Merck, Bristol Myers Squibb, Boehringer Ingelheim, Johnson & Johnson, and AstraZeneca. The U.S. Chamber of Commerce requested a preliminary injunction, which would immediately stop the law’s implementation.

Fucking ghouls.

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CTF isn’t around to share the news, so I guess it’s on me…

 

https://www.reuters.com/business/healthcare-pharmaceuticals/hhs-official-calls-move-marijuana-lower-risk-drug-category-bloomberg-news-2023-08-30/

 

The U.S. Department of Health and Human Services (HHS) has recommended easing restrictions on marijuana, a department spokesperson said on Wednesday, following a review request from the Biden Administration last year.

 

Nearly 40 U.S. states have legalized marijuana use in some form, but it remains completely illegal in some states and at the federal level. Reclassifying marijuana as less harmful than drugs like heroin would be a first step toward wider legalization, a move backed by a majority of Americans.

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  • tgo changed the title to Biden White House: Year 4

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