Obama administration proposes new effort to combat high drug prices
Facing skyrocketing drug prices, the Obama administration is proposing potentially major changes in how Medicare pays for some medications, including high-priced specialty drugs used to treat cancer and other costly diseases.The proposed regulations, unveiled Tuesday, would initially affect a relatively small share of the nation’s nearly $500-billion drug tab. But if widely implemented, they could overhaul the way Medicare, America’s largest insurer, pays for drugs, by linking payments to how e..>> view originalChipotle's Norovirus Troubles Resurface in Massachusetts [Updated]
Chipotle can't catch a break. A location in Billerica, Mass., has been temporarily shuttered due to norovirus concerns, reports WHDH-TV. One employee at the restaurant is confirmed to have contracted norovirus, according to the Billerica Board of Health, and two more are suspected. So far, the Board of Health has not received any reports of customers becoming ill. Chipotle spokesperson Chris Arnold tells Eater the restaurant voluntarily shut down. "After learning that four of our employees were..>> view originalUS health agency estimates 2015 prescription drug spend rose to $457 billion
NEW YORK Spending on prescription drugs is projected to have risen to $457 billion in 2015 and will likely continue to grow as a percentage of overall healthcare spending, a U.S. government health agency said on Tuesday.The agency also proposed a test program that would change the way that Medicare compensates doctors who administer drugs in their offices as a way to try to cut drug spending.It said that Medicare Part B generally pays physicians the average sales price of a drug, plus 6 perce..>> view originalWHO Advises Pregnant Women to Avoid Areas Where Zika Is Spreading
Photo Dr. Margaret Chan, the director general of the W.H.O, and Dr. David L. Heymann at a news conference on Tuesday in Geneva after a meeting about the Zika virus. Credit Fabrice Coffrini/Agence France-Presse — Getty Images The World Health Organization on Tuesday advised pregnant women to avoid travel to areas where the Zika virus is spreading.Experts on W.H.O.’s Zika emergency committee also recommended that pregnant women and their partners who may have been infec..>> view originalVitamin D a no go for arthritic knees, study finds
TUESDAY, March 8, 2016 -- Vitamin D supplements didn't relieve pain or slow the progression of knee osteoarthritis in a new study, even though the patients involved had low levels of the vitamin. Osteoarthritis is a progressive disease, and currently no treatment is available that will stop the loss of cartilage. Eventually, many patients are headed for knee replacements, the Australian researchers said. "These data suggest a lack of evidence to support vitamin D supplementation for slowing di..>> view originalStudies: Beyond scales, fitness and body fat key for health
Will you have to pay an Obamacare tax penalty?
If you bought health insurance last year through Obamacare, you may be pleasantly surprised at tax time to find out you have money coming to you.But it's just as likely the surprise will go the other way: You might owe Uncle Sam some money if the government subsidy you received for buying insurance through the Affordable Care Act marketplace was too large based on your income. And if you skipped buying health insurance entirely, you probably will face a penalty. On average, those penalties this..>> view originalTwo Starbucks Items Voluntarily Recalled Due to Bacteria, Allergen Risk
Two food items sold at Starbucks are being voluntarily recalled by the companies that supplied them to the coffee chain due to concerns about contamination with bacteria and allergens. A breakfast sandwich is being recalled due to concerns that the ...>> view originalBiocryst Pharmaceuticals (BCRX) Stock: Weak On High Volume Today
Trade-Ideas LLC identified Biocryst Pharmaceuticals ( BCRX) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Biocryst Pharmaceuticals as such a stock due to the following factors: BCRX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $6.5 million. BCRX has traded 577,292 shares today. BCRX is trading at 4.90 times the normal volume for the stock at this time of day. B..>> view original
Tuesday, March 8, 2016
Obama administration proposes new effort to combat high drug prices and other top stories.
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