The US health insurance industry resents being on the receiving end of surprise bills and price-gouging, so Blue Cross/Blue Shield are spending $55m to have the nonprofit Civica Rx tool up to make generics of off-patent drugs whose sole manufacturers are shkreliing the prices into the stratosphere.
Civica already supplies drugs to 1,200 hospitals.
Drugmakers hiked prices 1,000% in massive price-fixing scheme, states allege
In an interview with The New York Times, Civica board chairman Dan Liljenquist said that the new venture “will not solve all the problems of the world, but we do know that 90 percent of prescriptions are generic, and there are certain parts of the generic markets that are not functioning like competitive markets should. And we intend to compete in those markets.”
Sick of Big Pharma’s pricing, health insurers pledge $55M for cheap generics [Beth Mole/Ars Technica]
Yahoo News reports that a team of doctors in Britain is warning that people with mild cases of COVID-19 could suffer from “potentially fatal complications in the brain including delirium, nerve damage, and stroke.” The doctors examined 43 hospitalized patients and found that 10 suffered from temporary brain dysfunction, 12 had brain inflammation, 8 experienced […]
A few years back, my brother Rick Pescovitz came up with Under The Weather Pods, single-person pop-up shelters. (You may have caught Rick on Shark Tank.) Rick was sick of getting soaked at his kids’ soccer games and was inspired by a portable toilet he saw by the field. Under The Weather Pods are designed […]
Because the cruelty is the point.
Meditation seems simple. Just sit on the floor, clear your mind, and zen out. But have you tried sitting cross-legged on the floor without moving for even 10 minutes? It starts getting mighty uncomfortable after a while. And if you’ve got a few years on you, the knees and thighs are going to be barking […]
Unless you’re doing a lot better than most of us these days, having a personal masseuse on call isn’t really financially doable. And of course, how many masseurs are still doing house calls or accepting visitors during all this time of medical uncertainty? With skilled human hands mostly out of play right now, it falls […]
It’s almost shocking to say…but there’s actually an incredible amount of manhood wrapped up in how well you cook a steak. Of course, no one would argue your grilling abilities are THAT important. Or that how well you sear a prime slab of beef should have any bearing on your social standing or feeling of […]