Page 4 - Setting Prices News Today

Modern economics is a theory of the economy that leaves no place for the entrepreneur. So where should entrepreneurs turn to improve their understanding? The Austrian school of economics might be the answer.

It is debate night. ten democratic presidential hopefuls facing off on msnbc. among them, entrepreneur andrew yang, who speaks to our harry smith about the soaring cost of health care in "what matters. >> reporter: at this new hampshire home, all-in for andrew yang we showed the tech entrepreneur what these democratic voters told us over and over. >> our deductible is still $10,000. >> reporter: theyre worried about health care >> i have this pain in my back. im thinking i only have so much mone...

Whether they are a mom and pop operator or whether they work for a large company will have a package of benefits very similar, and medicare will set the prices. thats the really best news i think for everybody. right now a lot of people in private insurance plans are paying well more than medicare prices for days in the hospital, for drug costs, for a variety of services. so, setting prices by the federal government, which has the largest leverage of anybody in the health care field will be real...

Dont replace other detection methods either its a kind of a strange sort of pingpong theyve got going here dont compare us what were comparing it with we may be better than or thats the point is it could end up being just another one of the many tests that you can take to test for and track the progression of a cancer so the mammogram is still out there. all right bonnie from id w. science department thank you. and that still how much should a kilo of bananas cost well it depends on who you ask ...

Ahead according to the fcc. speaking of laws, the ceo of bumblebee has been filed with criminal charges into price fixing. a jury has said that he has conspired with others in the industry to eliminate competition in the area particularly in setting prices for canned tuna and the u.s. has been investigating this price fixing charges amongst star kis and chicken of the sea for more than two years now. bumblebee has agreed to pay a fine of $25 million. >> ford is resuming production of its f-150, ...

The formularies, doing rebates, doing claims, but theyre negotiating all of these prices between the drug companies and the insurance companies that ultimately trickles down and ends up as the patient co-pay. there is a lot of different explanations for why drug prices are so high to begin with. these three people, these three players all blame each other for why theyre so high, but a lot of experts in the health care policy field say that it is really the drugmaker, the pharmaceutical companies...

Prices to other countries. >> theyre setting prices in other countries and were not. the drug companies frankly are getting away with murder, and we want to bring our prices down to what other countries are paying. >> reporter: but the u.s. government doesnt set drug prices. the way our system is set up, it would be nearly impossible to bring prices in line with other countries. >> our system is far more fractured. its every company for themselves. in our country, drug companies can set any pric...

Leader in bringing new drugs to the global marketplace, but critics say the high costs just make drugs less accessible to people who need them most. when it comes to solving this issue, it may not be an easy fix. >> theres no single bullet to fix this problem. it will be a patch work of solutions to help people gain greater access, not spend so much money and still have the medications that they need. >> okay. so president trump looking to set prices. isnt his entire administration mantra -- >> ...

Topic under this administration and it started already. and we have a lot of recommendations that were going to be making and youll be hearing about them very shortly. the other thing were doing that relates to peoples lives is the prescription drug prices are out of control. the drug prices have gone through the roof. if you look at the same exact drug by the same exact company made in the same exact box and sold to some place else, sometimes its a fraction of what we pay in this country. meani...

That relates to peoples lives is the prescription drug prices are out of control. theyve gone through the roof and if you look at the same exact drug by the same exact company made in the same exact box and sold someplace else, sometimes its a fraction of what we pay in this country. meaning as usual, the world has taken advantage of the united states, they are setting prices in other countries and we are not. the drug companies frankly are getting away with murder, and we want to bring our pric...