Page 2 - Peter Bach News Today

Billions wasted as livesaving meds are literally thrown away. Patients are paying the price. Nightly news begins right now. From nbc news World Headquarters in new york, this is nbc nightly news with lester holt. Good evening. President obama has made his move and is tonight locked into had a highstakes staredown contest with Senate Republicans over the future of the Supreme Court. The president has nominated federal Appeals Court judge Merrick Garland regard as a moderate to replace the late co...

Greatest honor of my life other than leanne agreeing to marry me 28 years ago. Reporter one of his two daughters missed the moment, hiking in the mountains. Out of cell service range when the president called. Reporter grandson of russian immigrants garland grew up in chicago. My name is merrick garland. Reporter as a federal prosecutor he led the team that brought Oklahoma City bomber Timothy Mcveigh to trial. Ononhe bench hes been a moderate voting to uphold environmental laws but often tough ...

[ applause ] thank you very much for that, pat. That was very inspiring to think about health as being much bigger than health kcare and trying to find the solutions to get us there. Now we are going to turn to avic roy who has just returned from his money moon. Hes the opinion editor at forbes. He has an interesting back glund includes both medicine and finance. Hes a leading conservative change agent and a sought after president ial campaign advisor. Hes currently advising senator marco rubio ...

Major funding for the pbs newshour has been provided by and by bnsf railway. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff afghanistans military fought today to take back a provincial capital, the first major city captured by the taliban in 14 years. The militants stormed kunduz yesterday, in a major setback to the government. Today, ...

Hepatitis c, diabetes and oncology are the primary drivers of the spending growth. Prescription growth is 1. 2 for the year. That is a substantial reduction from last year. The primary effect is the rescheduling of hydrocodone to more restrictive schedule which cut that market by 30 . And also you have more chronic care prescriptions are 90day prescriptions. 75 is on specialists. You cant look at that market here or everywhere around the World Without talking specialty. And next year we expect c...

Arrangement, and are you guaranteeing what is the price of the drug when are you saying you are only going to get paid x if you reach a cure level or certain level of adherence. Theres some interference there, and its used as an excuse for those types of arrangement or getting out of those arrangements by pharmaceutical companies. The other is the fda approves the drug if it works. And they dont necessarily approve it saying whether it works better than things that have previously been approved ...

You talked about sitting across the table negotiating these kinds of arrangements. As you would sit across the table talking to somebody about a valuebased arrangement, one of the issues that ken identified was what if the payoff is way down the line . Would your health plan integrated Delivery System, youve got to pay the bill for the drugs today. How do you factor in a benefit that may be ten, 20, 50 years down the line . Who is that rebate check going to go to someday when that benefit crops ...

And coming up, more on the recent health and Human Services forum on pharmaceutical innovation and drug costs. Up next, senators from medicare and medicaid acting administrator andy slavit and purchasing strategies for the pharmaceutical industries. This includes manufacturers, employers, consumers, Health Insurance providers and government officials. Once again, if you will all take your seats well get started on the final panel of the day. Where as promised, well devote our discussion to outco...

Deciding the prices . Corporate chutzpah. Stahl raise the price, period. Just a question of how brave they are and how little they want to end up in the New York Times or on 60 minutes. Stahl tonight, the story of the doctors revolt against the high price of cancer drugs. Almost there, almost there. Cooper meet chaser. She may be the smartest dog in the world. They say she has a vocabulary of more than 1,000 words and knows the difference between nouns and verbs. What is Science Learning from ma...

Deciding the prices . Corporate chutzpah. Stahl raise the price, period. Just a question of how brave they are and how little they want to end up in the New York Times or on 60 minutes. Stahl tonight, the story of the doctors revolt against the high price of cancer drugs. Almost there, almost there. Cooper meet chaser. She may be the smartest dog in the world. They say she has a vocabulary of more than 1,000 words and knows the difference between nouns and verbs. What is Science Learning from ma...