White House Kills Plan for Drug Rebate Rule

12 Juillet, 2019, 02:51 | Auteur: Yves Courtet
  • Trump abandons plan to ease drug costs for people on Medicare

Pharmaceutical tablets and capsules are arranged in the shape of a USA dollar sign on a table in this picture illustration taken August 20, 2014. "President (Donald) Trump will consider using any and all tools to ensure that prescription drug costs will continue to decline".

The drug price proposal would have effectively banned drug makers from providing rebates to pharmacy benefit managers and insurers - a radical change in the way many drugs are priced and paid for in Medicare and Medicaid.

It also raises questions about whether the administration's other efforts to lower prices will affect the pharmaceutical industry more directly. CVS Health Corp. and Cigna Corp. both jumped more than 7 percent, and UnitedHealth Group Inc. rose 4 percent while broader markets advanced slightly at the start of trading.

HHS previously said that the rule would counteract incentives behind higher list prices; now, when a list price rises, patients who pay a percentage or all of the list price for a drug see their out-of-pocket expenses increase while PBMs reap financial rewards.

Pharmaceutical company shares fell, with Merck & Co, Bristol-Myers Squibb Co and Pfizer Inc all off more than 2%.

Baird analyst Eric Coldwell said Trump was likely refocusing his reform efforts on the pharmaceutical companies themselves.

"There are still many headwinds for the supply chain, but today's news clearly rerates the space higher".

Earlier a federal judge ruled that the administration lacked the legal authority to require drugmakers to disclose list prices in their TV ads.

Elle annule un concert en Arabie Saoudite — Nicki Minaj
Il faut dire qu'en Arabie Saoudite, les femmes sont légalement placées sous le contrôle de leur père, mari, frère ou même fils. La rappeuse américaine a renoncé à sa performance prévue le 18 juillet à Djeddah, évoquant "la liberté d'expression".

Volkswagen électrique enregistre une voiture F1 chez Goodwood — Courses automobiles
Avec Romain Dumas , deux fois vainqueur des 24 Heures du Mans, au volant, la voiture a réalisé un temps de 41,18 secondes. Un an après sa première tentative, Volkswagen a fini par battre le record de la montée de Goodwood avec la fameuse ID.

Les NTIC : avantages et inconvénients
En effet, avoir mille et une tâches à accomplir à la fois, ça peut avoir des effets négatifs. En effet, les travailleurs effectuent les tâches beaucoup plus rapidement tout en conservant leur qualité de vie.

"Shelving the rebate reform initiative, which pharma strongly supported, feels like payback", Coldwell added.

The Trump administration abandoned a controversial proposal that would have overhauled the rebate system, according to The Hill. And legislators, including House Speaker Nany Pelosi, are pushing for new laws to allow the government to negotiate drug prices directly with manufacturers. Instead, drug companies would have been encouraged to pass the discounts directly to patients at the pharmacy counter. Trump last week said his administration is working on an executive order to tie drug prices in USA government health programs to the rates paid by other industrialized nations. That pushback stiffened after the nonpartisan Congressional Budget Office estimated that the plan would have little effect on manufacturer prices and would cost Medicare $177 billion over 10 years by leading to higher premiums subsidized by taxpayers.

"CBO is wrong in that it fails to account for the lower cost of prescription drugs that consumers will have access to if this rule is implemented", Braun said in a statement to The Journal Gazette.

JP Morgan analyst Gary Taylor said in a note that political momentum had been building against the rebate rule "due to the perceived unintended windfall profits that might have accrued to pharmaceutical manufacturers".

The White house did not immediately respond to Reuters request for comment.

Administration officials and Health and Human Services Secretary Alex Azar disagreed on whether the rebate rule would be worth the approximately $180 billion it would cost the government over a decade.

"Based on careful analysis and thorough consideration, the president has made a decision to withdraw the rebate rule", White House spokesperson Judd Deere told The Hill.

"Based on careful analysis and thorough consideration, the president has chose to withdraw the rebate rule", Deere said.

Conseillé:

  • Aamir Khan pens emotional note to Virat Kohli after World Cup exit

    Aamir Khan pens emotional note to Virat Kohli after World Cup exit

    Aamir Khan pictured with Virat Kohli . "We've played outstanding cricket throughout this tournament. It's a fresh day, fresh start, and if you are not good enough, you go home", Kohli said.
    Les serres chauffées autorisées mais l'utilisation encadrée — Bio

    Les serres chauffées autorisées mais l'utilisation encadrée — Bio

    Au-delà d'une explosion des volumes, la Fnab pointait la pollution générée par le chauffage des serres. Le problème est que 80 % de la tomate bio consommée en France est importée.
    US Women’s National Team’s victory parade in NY

    US Women’s National Team’s victory parade in NY

    In recent decades, the honor was been reserved for championship teams, including the New York Yankees and New York Giants. Pay-gap conversations are continuing to progress just days after the 2019 FIFA Women's World Cup ended, with U.S.
  • Tommy Robinson is jailed for nine months for contempt of court

    Tommy Robinson is jailed for nine months for contempt of court

    Several supporters of Tommy Robinson have been arrested following clashes with police after he was jailed for contempt of court. Robinson was jailed for 13 months past year and was released from prison upon appeal and resentenced today for nine months.
    Barcelona beat PSG to sign 16-year-old striker Barry

    Barcelona beat PSG to sign 16-year-old striker Barry

    Barry first rose to prominence past year when he scored 10 goals in five games for England Under-15s at a tournament in Italy. England youth star Barry scored four goals and assisted three for West Brom in the U18 Premier League last season.

    Fils de légende de la Formule 1 a dépassé son père

    Nul doute qu’elle offrira à Mika la meilleure option pour poursuivre sa carrière dans le sport automobile. Et il n'est pas Andrei Arshavin, pour répondre à la question sur les attentes facilement et naturellement.
  • Lamar Odom 'deactivated' by Big3 league after making debut

    Lamar Odom 'deactivated' by Big3 league after making debut

    He was hospitalized after being found unresponsive at a Las Vegas brothel following a drug overdose in 2015. Joe Johnson, a seven-time NBA All-Star, has been a force this season, leading the league in scoring.
    Murray et Williams n’iront pas plus loin — Wimbledon

    Murray et Williams n’iront pas plus loin — Wimbledon

    Septuple vainqueure à Londres (2002, 2003, 2009, 2010, 2012, 2015, 2016), elle disputera samedi sa onzième finale à Wimbledon . A bientôt 38 ans, elle devient d'ailleurs la joueuse la plus âgée à atteindre de tels sommets en Grand Chelem.
    Mahomes Wins

    Mahomes Wins "Best NFL Player" Honors at Annual ESPY Awards

    Rams-Chiefs, despite being a regular-season matchup - albeit, one with significant playoff implications - edged out the victory. Mahomes was the NFL's MVP after throwing for more than 5,000 yards and 50 touchdowns this past season.
  • Donald Trump ne peut pas bloquer Twitter — États-Unis

    Donald Trump ne peut pas bloquer Twitter — États-Unis

    C'est ce qu'a jugé mardi une cour d'appel fédérale, confirmant la décision en première instance d'une juge new-yorkaise en 2018. Donald Trump n'a pas le droit de bloquer ses détracteurs sur Twitter juste parce qu'ils ne sont pas d'accord avec lui.

    Une application plus légère et moins datavore — Spotify Lite

    Le spécialiste du streaming de musique précise que d'autres pays suivront ultérieurement, ainsi que d'autres fonctionnalités. Spotify a annoncé qu'elle continuerait d'ajouter de nouveaux marchés à la liste au cours des prochains mois.
    Air Canada flight diverted to Hawaii after turbulence, minor injuries reported

    Air Canada flight diverted to Hawaii after turbulence, minor injuries reported

    He said the airline is arranging hotels in Honolulu for those who were on aboard until a new flight to Australia can be arranged. According toCTV News, on an Air Canada flight set to stop in Vancouver, an emergency landing was made called in Honolulu today.


Populaire

Leroy Merlin en Russie est au bord du scandale ?
La part du réseau Leroy Merlin sur le marché russe de "l'équipement ménager" approche les 20%. Beaucoup d'entre eux se plaignent des manifestations de corruption et des violations de l'éthique des affaires.

Kohli not against IPL-style playoffs in World Cup
India are a world-class side but cricket is fickle in its nature, especially when it comes to the white ball game. It doesn't matter what you have done before that.

Katherine Heigl just hinted she's returning to Grey's Anatomy
There was a time when Katherine Heigl was all over our televisions, and then there was a time when she was not. I don't know if that's good or bad. "Like, I nearly ruined it for myself".

À cause de ses mauvais résultats, Haas n'a plus de sponsor-titre
Je ne peux pas faire plus de commentaires sur la relation contractuelles entre les deux parties, pour des raisons de confidentialité commerciale.

Australia vs England - Highlights & Stats
England held their nerves to crush Australia in the second semi-final of ICC World Cup 2019 to make it to the finals. Smith was run out for 85 in the 48th over and Australia could not last their full quota of 50 overs.

'Dog the Bounty Hunter' star Leland Chapman hospitalized
July to say goodbye to the family of Beth Chapman: In Colorado, a funeral is held for the Deceased to be transferred to Fans worldwide via Livestream.

Le spin-off sur Jesus sortira en 2020 — The Big Lebowski
Seulement, il sèche sur la manière d'adapter le personnage de Jean-Claude, joué originellement par Gérard Depardieu. Depuis la sortie de The Big Lebowski il y a 20 ans, Le Duc et sa bande n'ont jamais vraiment décroché.

Michael Hill underpays staff up to $25 million
Michael Hill said it was increasingly focused on uniquely differentiated products, such as its new branded bridal collections. Gross margin fell to 61.1 percent in the year ended June 30, from 62.8 percent for the prior year, the company said.

Comment devenir webmaster?
Il est amené à rajouter des textes, des images, des vidéos. Il procède également à l’analyse du trafic.

Votre voiture doit être dans un état impeccable
En ce qui concerne la sécurité, le choix des pneus parfaitement adaptés est extrêmement. Mais tout d’abord, vous devez savoir où trouver les pièces compatibles avec votre voiture.