Right. What is this shutdown about. In the eyes of the Democrats here, it is about specifically healthcare.What does that mean. Let's start with the big picture, specifically on Obamacare. 24 million people get their insurance through Obamacare, aka the Affordable Care Act, right.Same thing. All of them, almost all of them, 90 plus%, the vast majority, they get a tax credit, which basically keeps their premiums down. This is a credit that's supposed to go away at the end of the year.Okay, that goes away. If ...

Overnight, Capitol Hill put up a big close for business sign. I'm sure when you woke up this morning, you had a lot of questions about how this is going to impact your daily life, like, "What about my mom's Medicaid? Will my 401k be affected?" Maybe you asked, "Why do I even need to care?" So, we decided to phone some friends around NBC News and get some of these questions answered for you. I'm a little less worried about Wall Street because Wall Street stock market prices reflect corporate profits and comp ...

One place where there certainly is nothing bipartisan, at least at the moment, is on the fiscal side. We now have seen a true impasse in the Congress leading to a government shutdown. Let me ask you basically what I think a lot of Americans wonder.What is this about. What are we fighting about. Fundamentally, we're fighting about the future of American health care. We're fighting about whether budgets are going to be cut in ways that are going to slash eligibility and ability to get care for millions of Ame ...

Democrats have repeatedly made clear. We are ready to sit down with anyone at any time and at any place in order now to reopen the government to enact a spending agreement that meets the needs of the American people. And to address the devastating Republican health care crisis.That has caused extraordinary harm on people all across the country. In rural America, working class America, urban America, small town America, the heartland of America and black and brown communities throughout America. The Republic ...

GOP is repeating what the New York Times calls a new and misleading talking point that Democrats are shutting down the government to fund free health care for unauthorized immigrants. The false assertion, false, has been repeated by Vice President J. D.Vance and Speaker Mike Johnson along with the president himself. Here's what is important to note. Undocumented immigrants have long been prohibited from taxpayer funded Medicaid coverage except for treatment in emergency medical situations.They also do not q ...

Market Dynamics & Drug Pricing - President Trump announced a deal with Pfizer to sell medication directly to consumers through Trump RX, contingent on US manufacturing investment [1] - Drug company stocks experienced an increase following the announcement [3] - The initiative aims to address concerns about drug pricing, building upon the Inflation Reduction Act's price controls in Medicare and Medicaid [4] - Pfizer emphasized the voluntary nature of its participation in Trump RX [4] - Drug companies typically receive less than 50% of the list price due to pharmacy benefits managers (PBMs) and other intermediaries [6] - Pharmaceutical Research and Manufacturing Association is launching America's Medicines com to allow direct access to drug pricing [6][7] - Concerns exist that drug companies might raise prices in Europe to match lowered US prices [10] - Bristol Myers Squibb will sell its new anti-psychotic drug in Europe at the same price as in the US [11] Impact on Stakeholders - Direct drug sales could be devastating to PBMs and insurance companies [9] - Reduced income for drug companies could negatively impact R&D, as 25% of drug sales go into R&D [12] - A hypothetical $100 billion reduction in industry income could result in $25 billion less for R&D, equivalent to 60% of the NIH's R&D budget [13] Lucarin & Drug Shortages - The FDA's announcement regarding Lucarin for autism led to a surge in demand and subsequent shortages [15][16] - Lucarin, a generic drug used to mitigate toxicities from methotrexate in cancer and rheumatoid arthritis patients, is now difficult to obtain [16][17] - The increased demand for Lucarin, driven by the White House announcement, has strained existing supplies [19] - Manufacturers are expected to increase production of Lucarin to address the shortage, but the timeline remains uncertain [20][21]

Because when you hear shutdown, it's easy to assume that everything I mean the entire store is closed. Not the case. Let's welcome in Pimco's head of public policy, Libby Cantrill.Uh Libby, welcome. Um lot of 750,000 people, huge potential impact. But I do want to remind our audience that I think this is critical because a lot of people are scared.People get social security, they they use Medicare for healthcare. They're scared. Let's be very clear.During a quote shutdown, people still get social security. ...

Today, Fiser is committing to offer all of their prescription medications to Medicaid, and it will be at the most favored nation's prices. It's going to have a huge impact on bringing Medicaid costs down uh like nothing else. In addition, Fiser is agreeing to provide some of their most popular current medications to all consumers at heavily discounted prices of anywhere between 50 and even 100%.That's off the price and in some cases even more than that. These drugs will be available for direct purchase onli ...

Today, Fiser is committing to offer all of their prescription medications to Medicaid, and it will be at the most favored nation's prices. It's going to have a huge impact on bringing Medicaid costs down. This is a critical step forward to our work and to improve healthcare and hardworking lowincome Americans, especially low-income Americans, will be helped so greatly.In addition, Fiser is agreeing to provide some of their most popular current medications to all consumers at heavily discounted prices of any ...

President Donald Trump speaks from the Oval Office to announce that Pfizer has agreed to take measures to lower U.S. drug prices, including selling its existing drugs to Medicaid patients at the lowest price offered in other developed nations. ...