US Government Facing Lawsuit Over Drug Price Negotiation Program
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
US Government Facing Lawsuit Over Drug Price Negotiation Program
US Government , Facing Lawsuit Over , Drug Price Negotiation Program.
On June 6, Merck announced a lawsuit against the
United States arguing that the Inflation Reduction
Act violates both the Fifth and First Amendments.
NBC reports that Merck is seeking
an injunction of the Inflation Reduction
Act's drug price negotiation program.
The drugmaker argues that the program
would force the company to negotiate
prices for drugs at below market rates.
NBC reports that people in
the U.S. pay more for medication
than any other country in the world.
NBC reports that people in
the U.S. pay more for medication
than any other country in the world.
The pharmaceutical industry has argued that resulting
loss of profits from the new law would force them
to halt the development of new treatments.
The pharmaceutical industry has argued that resulting
loss of profits from the new law would force them
to halt the development of new treatments.
The IRA uses severe penalties to
requisition medicines while refusing
to pay their fair value—and then coerces
manufacturers to smile, play along,
and pretend it is all part of
a ‘fair’ and voluntary exchange, Merck statement, via NBC.
The IRA uses severe penalties to
requisition medicines while refusing
to pay their fair value—and then coerces
manufacturers to smile, play along,
and pretend it is all part of
a ‘fair’ and voluntary exchange, Merck statement, via NBC.
The new laws would require written agreements conceding
that the prices are fair, which Merck argues would
violate the company's First Amendment protections.
The new laws would require written agreements conceding
that the prices are fair, which Merck argues would
violate the company's First Amendment protections.
NBC reports that the first Medicare drug price
negotiation is scheduled to start in September.
New prices on what the CMS identifies as the ten
most costly drugs would go into effect in 2026.
According to NBC, those price changes
are estimated to cut industry sales
by $4.8 billion in the first year alone
'Law & Order: Organized Crime' is coming back! But it's moving from NBC to Peacock. Sources tell The Hollywood Reporter that Peacock is putting the finishing touches on a deal that would see the series starring Christopher Meloni move from NBC to the streaming service for a fifth season consisting of 10 episodes. Reps for Peacock, NBC, producers Universal Television and executive producer Dick Wolf declined to comment as a deal has yet to officially close.
Credit: The Hollywood Reporter Duration: 01:17Published
Sabrina Impacciatore of 'The White Lotus' and Domhnall Gleeson from 'Star Wars: The Rise of Skywalker' have been cast in the new take on the beloved NBC Steve Carell-led comedy 'The Office.'
Credit: The Hollywood Reporter Duration: 01:08Published
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
The grants will bring solar energy
to over 900,000 households in both
low- and middle-income communities. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
NBC reports that solar power has gained
traction as a clean energy source that could
help reduce U.S. reliance on fossil fuels.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
49 of the new grants will be awarded at
the state level, six more will serve Native American
tribes and another five are multi-state awards.
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
Officials say that the latest environmental
announcements are part of an effort to energize
young voters ahead of his upcoming reelection campaign.
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda.
Credit: Wibbitz Top Stories Duration: 01:31Published
Olympic Break-Dancing , Is Making Its First Appearance , at the Paris Games.
NBC reports that break-dancing will
make its debut as an official Olympic
sport at the upcoming Paris Games.
Also known as breaking, the sport
features headspins, windmills, various
"freeze" moves and will be set to music.
According to the Paris Olympics, the sport is , "characterized by acrobatic movements, stylized
footwork and the key role played by the DJ and
the MC (master of ceremonies) during battles.".
The sport first made an appearance
at the 2018 Youth Olympics
in Buenos Aires, Argentina.
According to NBC Olympics, the event
garnered over one million viewers,
a much wider audience than many other sports.
According to NBC Olympics, the event
garnered over one million viewers,
a much wider audience than many other sports.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
NBC reports that the new sports represent an effort
by the International Olympic Committee (IOC)
to draw in younger viewers and athletes. .
NBC reports that the new sports represent an effort
by the International Olympic Committee (IOC)
to draw in younger viewers and athletes. .
The Paris Olympics breaking competition
will be split into two events on August 9
and 10 at La Concorde Urban Park.
According to the Paris Olympics, the event
will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles.".
According to the Paris Olympics, the event
will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles."
Credit: Wibbitz Top Stories Duration: 01:31Published
Carl Erskine, , 1950s Dodgers Pitcher, , Dead at 97.
NBC reports that the baseball legend
died at Community Hospital Anderson in Indiana.
He was one of the last surviving members of the
celebrated Brooklyn teams from the 1950s, having
spent his entire career playing for the Dodgers.
He was one of the last surviving members of the
celebrated Brooklyn teams from the 1950s, having
spent his entire career playing for the Dodgers.
Between 1948 and 1959,
Erskine and the Dodgers took home
five National League pennants.
Between 1948 and 1959,
Erskine and the Dodgers took home
five National League pennants.
The right-handed pitcher had a career record of 122-78 with 981 strikeouts and an ERA of 4.00.
Erskine's best season came in 1953
when he led the National League
with a record of 20-6.
In 1954, Erskine had another
All-Star season, winning 18 games.
Out of his five World Series appearances,
the Dodgers beat the Yankees
in 1955 to win their only championship.
Out of his five World Series appearances,
the Dodgers beat the Yankees
in 1955 to win their only championship.
With Erskine's passing, 88-year-old
Sandy Koufax becomes the lone surviving
Dodgers player from that 1955 World Series team.
With Erskine's passing, 88-year-old
Sandy Koufax becomes the lone surviving
Dodgers player from that 1955 World Series team.
In July of 2023, the Baseball Hall of Fame's
board of directors awarded Erskine with
the Buck O'Neil lifetime achievement award.
In July of 2023, the Baseball Hall of Fame's
board of directors awarded Erskine with
the Buck O'Neil lifetime achievement award.
For millions of fans, he was
a baseball hero. For his family
and thousands of Special Olympians,
Carl was someone who always
believed everything was possible. , Jane Forbes Clark, Baseball Hall of Fame chairman, via NBC.
His legacy is one
of deep compassion
and encouragement
of the human spirit, Jane Forbes Clark, Baseball Hall of Fame chairman, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Cracks Down , on ‘Junk Insurance Plans’.
On March 28, President Joe Biden announced that
a new rule will limit short-term health insurance
plans to three months, ABC News reports. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
The plans can now only be renewed for up to
four months instead of three years that were permitted under former President Donald Trump. .
Additionally, short-term plan providers must
clearly explain benefit limitations to consumers. .
The president really believes
the American people do not want
to be taken for suckers and junk insurance takes them for suckers, Neera Tanden, Biden's domestic policy adviser, via statement.
Short-term insurance is intended to temporarily serve as a safety net for periods of transition,
such as switching jobs or prior to receiving Medicare.
However, critics call these plans
"junk insurance" because they're often misleading as far as what they actually cover.
ABC News reports that the plans aren't required to cover those with preexisting conditions or pay for prescription drugs.
In 2018, Trump expanded short-term plans and referred to them as "much less expensive health care at a much lower price.".
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
Neera Tanden, Biden's domestic policy adviser,
said that Trump undermined the Affordable Care Act
(ACA) when he allowed insurance companies to
sell inadequate short-term plans.
The short-term plan expansion was
upheld by an appeals court in 2020
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden and Trump Clash , Over Cuts to Medicare and Social Security.
Biden and Trump Clash , Over Cuts to Medicare and Social Security.
In a telephone interview
with CNBC host Joe Kernen, .
former President Donald Trump was asked how he'd "handle entitlements" like Medicare and Social Security when it comes to addressing concerns about long-term debt.
So first of all, there is a lot you can do in
terms of entitlements, in terms of cutting, Donald Trump, via CNBC.
And in terms of, also, the theft and the
bad management of entitlements —
tremendous bad management of entitlements
— there’s tremendous amounts of things
and numbers of things you can do, Donald Trump, via CNBC.
Biden, who pledged during his State of the Union address to stop those who “want to
put Social Security on the chopping block,”.
took to social media to say,
“Not on my watch.”.
The president addressed the issue again
in New Hampshire on March 11.
If anyone tries to cut Social Security
or Medicare, or raise the retirement
age again, I will stop them, President Joe Biden, via statement.
This morning, Donald Trump
said cuts to Social Security and
Medicare are on the table again, President Joe Biden, via statement.
Trump campaign spokeswoman
Karoline Leavitt issued a statement.
President Trump delivered on his
promise to protect Social Security and
Medicare in his first term, and President
Trump will continue to strongly protect Social
Security and Medicare in his second term. , Karoline Leavitt, Trump campaign spokeswoman, via statement.
The only candidate who poses a threat
to Social Security and Medicare is Joe Biden —
whose mass invasion of countless millions
of illegal aliens will, if they are allowed to
stay, cause Social Security and Medicare
to buckle and collapse, Karoline Leavitt, Trump campaign spokeswoman, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
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