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Global International Reference Pricing Rules Report 2020: The Most Common Mechanism Used by Payers to Set the Price of a Drug
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Unlike many other bills being excreted by the Legislature these days, Senate Bill 110 is very subtle in the way it reveals the dysfunction in our Legislature.
This bill directs the university system to stop payments to its employee health care plan for two-month periods when the health insurance program is running a surplus (like it is now). At face value, that sounds like a prudent move but pointed questions need to be asked.
Health insurance is a large part of a university employeeâs compensation. Salaries at Montana universities are quite low, but the amount paid by the university for employee benefits is over $1,000 per month. So hereâs the first pointed question; Since the dollars saved by the health care are part of employee payroll, shouldnât at least some of the tens of millions of dollars saved by SB 110 be used to raise wages and salaries for employees? Isnât that who this money is appropriated for? From what I saw du
now can continue to survive? i think there are things that we can do on a bipartisan basis to address cost, we can go after the hospital facility fees that no americans believe in, we can go after some of the insurance laws to make sure that they are doing reference pricing, so there could be a bipartisan consensus on cost, and that s what i would urge my republican colleagues to do. jon: they say that the cost of malpractice is a huge heart. i think that everything should be on the table, but malpractice costs are far less than the cost that hospitals are charging and facility fees and the cost of pharmaceuticals, they are charging for drugs, americans think that it is a bipartisan bucket, it looks that all of these things that are jacking up costs, and i think that if we go over those costs, you could get democrats and republicans to agree on basic reform. jon: but back to the
this kills me, because i love me some retail. the city attorney for los angeles is suing four major retailers, accusing them of deceptive advertising. i want to get the details from my friend, ali velshi. this one gets under my skin. look at these. i love them. a law in l.a. that says you cannot advertise a reduced price on something if the thing wasn t at that price at some point within the last 90 days. it s called false reference pricing. house does it work? you go on a site or into a place and it says $1100 reduced to $800. well, if it was never for sale for $1100 or not in the last three months in l.a., you can t do it. the l.a. city attorney is suing these four companies, jcpenney, sears, macy s and kohl s, saying the merchandise was never available at the price they said it was. did they give examples? highly specific examples.
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