Tuesday, August 3News That Matters

Tag: costs

Katie Porter Confronts Large Pharma CEO And Destroys The Lie At the back of Prime Drug Prices

Katie Porter Confronts Large Pharma CEO And Destroys The Lie At the back of Prime Drug Prices

Politics
Rep. Katie Porter (D-CA) faced a Large Pharma CEO and took his corporate’s spending aside to turn that it now not R&D that makes prescribed drugs so dear. Video: Large Pharma says they wish to rate astronomical costs to pay for analysis and building. But, the quantity they spend on manipulating the marketplace to complement shareholders utterly eclipses what is spent on R&D. Nowadays, I faced a CEO concerning the business's lies, with visuals ⤵️ pic.twitter.com/c3jSLr0yVd — Rep. Katie Porter (@RepKatiePorter) May 18, 2021 Rep. Porter broke down what quantity of money Large Pharma firms spend to earn money and stated, “So, Mr. Gonzales, you’re spending all of this cash to earn money moderately than spending cash to spend ...
Biden expands ACA by means of reducing medical health insurance prices

Biden expands ACA by means of reducing medical health insurance prices

Politics
By means of Alexandra Jaffe and Ricardo Alonso-Zaldivar | Related Press COLUMBUS, Ohio — President Joe Biden pledged Tuesday that his $1.9 trillion rescue bundle would construct at the promise of the Reasonably priced Care Act, the hallmark regulation of Barack Obama’s presidency that changed into regulation 11 years in the past. Biden’s COVID-19 aid regulation pumps up “Obamacare” top class subsidies to handle longstanding issues of affordability, in particular for other folks with middle-class earning. Extra taxpayer help way, in impact, that customers who purchase their very own insurance policies thru HealthCare.gov pays loads of bucks much less out of their very own wallet. “We've got an obligation now not simply to give protection to it, however to make it higher and stay changing...