As Coronavirus spread across the United States and states began closing schools and businesses had their employees work remotely, the importance of broadband became clear. Faced with a dependence on broadband, there have been calls for increased government regulation of providers. The calls for further regulation of broadband providers range from a “nutrition label” that […]
prices
Inside Sources: Is the Administration Trying to Fix Something That is Not Broken?
Despite the administration’s assertions, it should be readily apparent that Americans do not face significant financial barriers to accessing broadband. On the contrary, not only is broadband in the U.S. more affordable than elsewhere, but it is also becoming more affordable each year with price declines that are enabling more and more Americans to connect […]
The Economic Standard: Public Spending Will Not Lower Broadband Prices
President Biden has focused his efforts on making broadband internet access more affordable to Americans. It is a part of the American Jobs Plan he announced late March, a wide-ranging stimulus plan that forms a key component of the Administration’s post-Covid recovery efforts. The plan, however, incorrectly asserts that Americans pay higher prices for internet access than […]
Is America Getting “Ripped Off” on Drug Prices?
Just recently, the House Ways and Means Committee passed Speaker Nancy Pelosi’s drug pricing bill which would lower prices on 250 drugs. To accomplish her goal, she plans to implement a “International Pricing Index” (IPI). While it might sound like a workable solution (in theory), it could lead to several disastrous consequences, especially for the […]
Morning Consult: Effort to Regulate Airline Fees Would Hurt American Flyers
Some politicians, it seems, have trouble learning the lessons of history. An effort is underway in the U.S. Senate to create strict government price controls on airlines, a return to the era when federal bureaucrats set airfares, selected domestic routes and regulated flight schedules, which resulted in artificially higher prices, stifled competition, and a massive […]
Some Misbehavior, but Some Inevitable
Most of us have an opinion on drug prices. Indeed, high drug prices were the top health care concern in 2016. The older generic drugs are usually priced in an affordable range, but a more lasting impression is made by a handful of drugs that were repriced by opportunist investors. Who does not recall the […]
Daily Caller: ITC Could Make Smartphones A Lot More Expensive
Qualcomm has asked the International Trade Commission (ITC) to halt the importation of some Apple smartphones that use the chips of its competitors. The issue stems from a patent dispute between Qualcomm, a maker of baseband processor chipsets used in many popular electronic devices, and Apple, a manufacturer of these devices. Now, a new report […]
You Can Blame Pharmacy Benefit Managers for Higher Drug Prices — Real Clear Health
Pharmacy benefit managers (PBMs) administer prescription drug plans on behalf of insurers and employers. In the process, they negotiate reimbursement terms with pharmacies and drug prices with drug manufacturers. While plan sponsors face the direct financial costs of the prescription plans being offered to its members or employees, PBMs act as middlemen in the process. […]
Drug Pricing Still Out of Control
To address consumers’ experience with drugs priced at outrageous levels, a hearing before the House Committee on Oversight & Reform was held. Witness Martin Shkreli used a 5th amendment dodge to avoid testifying on his inexcusable role in the pricing of drugs. A few in Congress were sufficiently angered that they urged HHS “to issue […]
Time to Negotiate Drug Prices
The 15 million enrolled in the biggest Medicare part D plans will face average premium hikes of 8% in 2016. The increase in 2014 was 11%. These increases are enough to provoke consumer grumbling about prices, but consumers are not actually overwhelmed by prescription drug costs, yet. Instead, they fear that prescription drugs for a […]