Trump panel wants to give USPS right to hike prices for Amazon, others

The United States Postal Service should have more flexibility to raise rates for packages, according to recommendations from a task force set up by President Donald Trump, a move that could hurt profits of Amazon.com Inc and other large online retailers.


Reuters: Technology News

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Payless Pranks VIPs, Sells Discount Shoes At Luxury Prices

(AP Photo)

 

LOS ANGELES (AP) — Payless taught fashion influencers a lesson about shoes by opening a fake store that sold Main Street shoes at Madison Avenue prices.

Payless ShoeSource held a launch party in Los Angeles for the bogus label Palessi and invited the fashionistas to sample the merchandise. Payless posted a video of what happened on Facebook.

The VIP shoppers paid as much as $ 645 for shoes that sell from $ 19.99 to $ 39.99 at Payless. The store rang up $ 3,000 before Payless came clean with the reveal.

One shopper exclaimed, “Shut up! Are you serious?”

The pranked shoppers got their money back and were allowed to keep the shoes.

Their reactions will be featured in a series of commercials.

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Life & Style – Black America Web

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Sky-high prices for air ambulances hurt those they are helping

Sonna Anderson was enjoying a horseback ride through the Badlands in North Dakota in September 2017 when her horse, Cody, got spooked, jerked toward a fence and tripped on a cow track in the dirt. The horse rolled onto Anderson, who hit her head, briefly lost consciousness and broke three ribs.


CNN.com – RSS Channel – Health

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Be Thankful for Family, Blessings — and Cheaper Gas Prices

Millions of drivers embarking on Thanksgiving travel this year will get an early holiday gift: lower gas prices very much like the same time last year.

North America’s largest motorist and leisure travel club reported Nov. 19 the national gas price average as $ 2.62. That amount is seven cents less than a week ago and the largest one-week decline in pump price this year.

“The nearly 49 million Americans hitting the road for Thanksgiving will find pump prices similar to last year,” Jeanette Casselano, AAA spokesperson says in a press release. “When it comes time to fill-up during the trip, motorists should keep in mind that gas stations along highly traveled routes may find prices more expensive than in town. Before setting out for the long Thanksgiving weekend, AAA recommends motorists download the free AAA Mobile app to find the lowest gas prices in their area.”

Plus, the AAA app can help motorists make travel arrangements, request AAA roadside assistance and help with other resources.

Here are some tips from AAA to help enhance your driving to get better gas mileage:

  • Accelerate gradually. Avoid jackrabbit starts.
  • Anticipate your stops. When approaching a red light, let your foot off the gas as early as possible.
  • Avoid long warm-ups in the morning. They’re unnecessary and waste fuel.
  • Maintain recommended tire pressure. Low pressure reduces fuel economy and can damage tires.
  • Keep the air filter clean. Clogged filters reduce fuel economy and increase exhaust emissions.
  • Drive the speed limit.

For those flying, the Transportation Security Administration is projecting than 25 million travelers will pass through security screening checkpoints nationally from Nov. 16–26.

Travel experts suggest Americans flying home to gobble some turkey consider these tips:

 

  • Select your travel times carefully.
  • Get some rest before heading to the airport.
  • Wash your hands, often.
  • Be prepared – pack snacks and water in case you’re delayed.
  • Travel light – If going home just for a weekend, no need to check your luggage. The best option might be packing what you need in a backpack that will fit under seats.
  • Charge your devices – Be sure your mobile devices are fully charged before you leave. Don’t let your phone power down on a plane or train. Make sure you take a portable charger for gadgets.

The post Be Thankful for Family, Blessings — and Cheaper Gas Prices appeared first on Black Enterprise.

Lifestyle | Black Enterprise

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New Congress To Tackle Burning Health Care Issues, Including Drug Prices

Voters ranked health care as the top issue facing the country after the midterms, according to CBS News exit polling. KHN senior correspondent Sarah Jane Tribble joined “Red and Blue” anchor Elaine Quijano to discuss how Republicans and Democrats are responding to the American public’s call to action — with a focus on skyrocketing prescription drug prices. Tribble and Quijano also explored how the midterms bolstered Medicaid expansion in a handful of states.


KHN’s coverage of prescription drug development, costs and pricing is supported in part by the Laura and John Arnold Foundation.

Kaiser Health News

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Australia Wage Prices Gain 0.6% In Q3

Wage prices in Australia were up a seasonally adjusted 0.6 percent on quarter in the third quarter of 2018, the Australian Bureau of Statistics said on Wednesday. That was in line with expectations and unchanged from the three months prior.
RTT – Economic News

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Natural gas prices spike on cold weather and lowest early season supply in 15 years

Forecasts of colder November weather send natural gas prices to a near two-year high as investors worry about a jump in demand at a time when supplies are at the lowest levels to start the winter heating season in 15 years.
Energy

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House Democrats, now in power, will steer health policy, attack drug prices

Democrats will control the House and its powerful health committees for first time since passing Obamacare, the Affordable Care Act.
ABC News: Health

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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11.2.18 Clark Stinks; Gas prices going down for the Holidays

Christa reads listener posts about how Clark has missed the mark in his advice this week. If you have a “Clark Stinks” to share you can leave it here; Gas prices are going down just in time for the Holidays. And the US is now #1 in getting oil out of the ground.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Watch the video
clark.com

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UK Shop Prices Return To Deflation: BRC

UK shop prices declined in October following two months of mild inflation, data from the British Retail Consortium showed.
RTT – Economic News

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Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL REQUEST DONATION UPDATE:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!

Could Trump’s plan for lowering prescription drug prices work?

Trump proposed having Medicare base what it pays for some expensive drugs on average prices in other industrialized countries, such as France and Germany.
ABC News: Health

SPECIAL NEWS BULLETIN:

http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

BEST DEAL UPDATE BY AMERICAN CONSULTANTS RX:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL DONATION REQUEST UPDATE:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!

Trump Adds A Global Pricing Plan To Wide Attack On Drug Prices, But Doubts Persist

President Donald Trump’s new pledge to crack down on “the global freeloading” in prescription drugs had a sense of déjà vu.

Five months ago, Trump unveiled a blueprint to address prohibitive drug prices, and his administration has been feverishly rolling out ideas ranging from posting drug prices on television ads to changing the rebates that flow between drugmakers and industry middlemen.

Thursday, Trump proposed having Medicare base what it pays for some expensive drugs on the average prices in other industrialized countries, such as France and Germany, where prices are much lower. The proposal is in the early stages of rule-making and awaiting public comments.

The U.S., Trump said, will “confront one of the most unfair practices, almost unimaginable that it hasn’t been taken care of long before this.”

The proposal was met with hope and skepticism, with several experts saying they were happy the administration was taking on Medicare Part B’s rising drug prices but questioning its approach.

Walid Gellad, director of the Center for Pharmaceutical Policy and Prescribing at the University of Pittsburgh, said in an online post that the administration’s proposed solutions were unclear. And, he said, they would “face insurmountable challenges.”

While some industry watchers pointed to the announcement as a political move, Wells Fargo pharmaceutical analyst David Maris said that this is a broader effort by the president and his administration to attack the root causes of high drug prices.

“The reality is he could very easily not take this on and do what other administrations have done and let the prices keep rising.”

Trump, too, promised more to come and said he will soon announce “some things that will really be tremendous.” On Friday, Health and Human Services Secretary Alex Azar said that, as promised in the blueprint, there would be more changes to Medicare Part D, which covers most prescriptions. Ian Spatz, a public policy expert and senior adviser at Manatt Health, said the overall blueprint was “unprecedented in terms of how many different ideas and areas of ideas that it contained.”

Nothing would happen overnight. The proposal to require drug prices in TV ads could be delayed by litigation and notably, if implemented, does not include any penalties for companies who fail to post their prices.

The proposed rebate rule was delivered to the Office of Management and Budget in July. Matt Brow, president of industry consulting firm Avalere Health, said he expects the administration to publish the rule for comment by year’s end.

Trump’s international pricing plan is not as far along as the rebate proposal. Rather, it is an “advanced notice of proposed rule-making.” The proposed rule could come in spring 2019, and Azar said the new model could begin in late 2019 or early 2020.

Yet, on Friday, Azar signaled the proposal could change, telling an audience at the Brookings Institution that the administration is “open to any number of alternative ideas.”

Avalere’s Brow said there is a good chance the proposal will change significantly.

“The sweeping nature of the proposal makes the stakes higher and makes it harder to implement,” Brow said.

If the administration moves forward, it would bypass Congress and implement a pilot under the Center for Medicare & Medicaid Innovation’s purview. The pilot would phase in over five years and apply to 50 percent of the country. Azar said there would be no changes to Medicare benefits and no restrictions on patient access.

The proposal focuses on drugs covered under Medicare Part B, which are administered in hospitals, clinics and doctors’ offices. It also would alter the reimbursement formula for doctors and providers and would allow private-sector vendors to purchase drugs and then sell them to doctors and hospitals. Medicare would reimburse those vendors at the international pricing level.

Currently, doctors and hospitals administering Part B drugs are reimbursed the average price of a drug plus 6 percent. President Barack Obama’s administration attempted to alter Part B as well but drew intense lobbying opposition and eventually withdrew a proposed pilot project.

Allan Coukell, senior director for health programs at Pew Charitable Trusts, said removing incentives that reward doctors for purchasing costlier drugs and bringing in a new way to control prices “makes a lot of sense.” Drug spending within Medicare Part B reached $ 22 billion in 2015, and drug costs have increased by an average of 8.6 percent annually since 2007.

Stephen Ubl, president of the industry trade group Pharmaceutical Research and Manufacturers of America, or PhRMA, said imposing foreign price controls from countries with socialized health care systems would harm patients and hinder drug discovery and development.

Azar, a former executive at pharmaceutical manufacturer Eli Lilly, told reporters Thursday that “you may hear the tired talking points” that this will affect innovation. He disputed that idea, concluding that “less than 1 percent of pharma [research and development] could potentially be impacted by this change.”


KHN’s coverage of prescription drug development, costs and pricing is supported in part by the Laura and John Arnold Foundation.

Kaiser Health News

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HHS secretary warns Big Pharma: Lower prices, or ‘you’ll get whatever comes at you’

Speaking from the Brookings Institution in Washington, Azar says that pharmaceutical companies cannot stand by and defend the status quo on drug pricing.
Health and Science

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Trump outlines new plan to lower Medicare drug prices, end ‘rigged’ system

Under the administration's proposal, the Department of Health and Human Services would permit Medicare to create a new payment model that would bring drug prices in line with what other nations pay.
Health and Science

U.S.HEALTHCARE UPDATE:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

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Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!

Climate change will boost beer prices and shrink supply

Talk about a buzzkill.

Beer may be among the casualties of climate change thanks to its main ingredient, barley, struggling to grow during droughts and extreme heat, according to a new study. Supplies of the most-consumed alcoholic beverage in the world will suffer and prices will soar.

So if other…

Life Style – New York Daily News

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Trump administration may soon require drugmakers to advertise drug prices, report says

The proposal is slated to be introduced next week, Politico reported, citing four people with knowledge of the plan. It's a key piece of President Donald Trump's blueprint to lower drug prices, which the administration unveiled in May. 
Health and Science

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Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

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Rising prices and interest rates are a ‘one-two punch’ to homebuyers, Lennar chairman says

"Of course, we respect, like many, the independence of the Fed, but at the same time, would we like them to slow down the pace? Of course we would," Lennar Executive Chairman Stuart Miller said.
Real Estate

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