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Medicare Drugs on the Chopping Block – Commentary
By Grace-Marie Turner and Nina Owcharenko Schaefer
The Biden administration announced the first 10 prescription drugs it will target in its newly authorized drug price...
Government Targets 10 Drugs for ‘Price Negotiation’
The Biden administration announced the first 10 drugs covered by Medicare that will be subjected to “price negotiation” under the so-called Inflation Reduction Act...
Market Solutions to Fix Medicare Insolvency
A range of plans and studies proposing ways to stave off the insolvency of Medicare, the nation’s primary health care program for seniors and...
States Jump on the Prescription Drug Price-Control Bandwagon
States jump on the prescription drug price-control bandwagon started by Medicare drug price "negotiations" empowered by the Inflation Reduction Act.
by Merrill Matthews
What happens in Washington...
Medicare Will Require a Payroll Tax Hike—Trustees Report
President Biden suggests raising Medicare taxes on higher-income households. “Biden’s proposal to raise taxes to address Medicare’s future financial problem ignores how progressive Medicare taxes already are.”
Why Are There Drug Shortages?
"Today, there are shortages of 186 to 308 drugs.
Shortages in 2022 include saline solutions potentially needed by almost every patient admitted to the hospital. Almost all of the drugs in short supply, by the way, are generics."
Medicare and Social Security Insolvency Looms
“Neither political party has put forward a viable proposal to deal with the $150 trillion in unfunded liabilities these programs represent."
Medicare and Social Security: How Much Do We Really Owe? – Commentary
"... the present value of our commitments to the elderly, looking indefinitely into the future, is on the order of ten times the size of the U.S. economy!"
Big Pharma Plans Hefty Price Hikes for COVID-19 Shots
Moderna and Pfizer plan to charge more than $130 for their COVID-19 shots, a big price jump from the government rate of $26.36.
Hospitals Reap Huge Profits from Drug Discount Program
A federal program designed to provide inexpensive drugs to low-income patients “creates massive profits for providers without necessarily improving patient outcomes and should be reformed,” concludes a study by the Pacific Research Institute (PRI).
Latest article
Taxpayers Lose Billions to Government Overlap, Duplication
(The Center Square) – Overlap and duplication cost taxpayers billions of dollars, according to a new report from a Congressional watchdog.
The U.S. Government Accountability...
Another Month, Another Jobs Record: Texas Triples US Job Growth Rate in April
(The Center Square) – Every month, Texas breaks its previous job growth records. April was no different with Texas’ job growth rate tripling the...
Ninth Circuit Court Rejects Youth Climate Lawsuit, Again
A lawsuit filed by a group of 21 youths claiming that U.S. energy policy threatens a constitutional right to a stable climate has been dismissed for lack of standing by the 9th U.S. Circuit Court of Appeals.
