Government Panel: Higher Drug Prices, not More Prescriptions, Are Driving Higher Medicare Spending
Medicare’s spending on prescription drugs increased by 26% between 2013 and 2018 -- and high drug prices are to blame -- according to a new report from the Medicare Advisory Payment Commission (MedPAC).
The expert report rebuts the pharmaceutical industry’s claim that high... Read more
Device Makers Have Funneled Billions to Orthopedic Surgeons Who Use Their Products
Dr. Kingsley R. Chin was little more than a decade out of Harvard Medical School when sales of his spine surgical implants took off.
Chin has patented more than 40 pieces of such hardware, including doughnut-shaped plastic cages, titanium screws and other products used to repa... Read more
New Alzheimer’s Drug Approved as Debate Heats Up Over Its Cost, Effectiveness
The Food and Drug Administration (FDA) recently authorized Aduhelm, a controversial new Alzheimer's disease treatment created by Biogen. Aduhelm is the first new treatment approved for Alzheimer’s after a nearly 20-year hiatus in new therapies for the condition. It is projected... Read more
Biden Budget Includes Funds to Boost Social Security’s Customer Service
The Social Security Administration (SSA) would receive a $1.3 billion — or 9.7% — increase if President Joe Biden's FY 2022 budget is adopted. The President has requested a total of $14.2 billion for SSA, and Commissioner Andrew Saul stated in the agency's budget review that ... Read more
Drug Prices Rose at Twice the Inflation Rate in 2020
Leading House Democrats this week said they'll try to incorporate the Elijah E. Cummings Lower Drug Costs Now Act (H.R. 3) — the bill that allows Medicare to directly negotiate reduced medication costs — into whatever infrastructure and jobs plan Congress hammers out over the... Read more
Tell Postal Officials to Stop the Mail Slowdown
Postmaster General Louis DeJoy wants to permanently implement slower mail delivery and weaken services.
Submit a comment to help stop him.... Read more
Members of Congress Suggest Expanding Medicare Telehealth Options
Early on in the pandemic, the federal government expanded telehealth services covered under traditional Medicare on a temporary, emergency basis. Before, only patients who lived in rural areas could access telehealth options from certain providers and under certain conditions. Mo... Read more
Hearing Exposes Greed of Drug Corporation AbbVie
According to a study released on May 18 by the U.S. House Oversight and Reform Committee, the pharmaceutical corporation AbbVie has raised prices 470% in the United States for its widely used drugs Humira and Imbruvica over the past two decades. The price increases boosted the co... Read more
Congress Takes Significant Steps to Strengthen the Postal Service
The U.S. Senate confirmed two of President Biden’s nominees to the U.S. Postal Service Board of Governors last week: Ron Stroman, a former deputy postmaster general, and Amber McReynolds, chief executive of the National Vote at Home Institute. A third nominee, former American P... Read more
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