David's Feed
Nov 26, 2012

Medicaid expansion poses “modest” state costs: study

WASHINGTON (Reuters) – President Barack Obama’s $1 trillion plan to expand Medicaid would raise state costs by only 3 percent and extend health coverage to more than 21 million low-income people as part of the new healthcare reform law, a study said on Monday.

The report released by the nonpartisan Kaiser Family Foundation said states would spend an extra $76 billion over the next decade to implement the Medicaid expansion, or 2.9 percent more than they would without the reform law. The federal government would fork out more than $950 billion to cover nearly all of the costs, the study said.

Nov 20, 2012

U.S. releases new health insurance reform rules

WASHINGTON (Reuters) – The U.S. administration on Tuesday proposed new health insurance rules aimed at ending discrimination against the sick and guaranteeing minimum benefits for millions of Americans who are expected to obtain coverage under President Barack Obama’s healthcare reform law.

The rules, unveiled by Health and Human Services Secretary Kathleen Sebelius, provide states and insurers with details about how the Obama administration intends to achieve its long-stated goals of guaranteeing access to those with preexisting conditions and making affordable coverage available to families through new online health insurance exchanges.

Nov 19, 2012

House Republicans to FDA: no meningitis action without documents

WASHINGTON, Nov 19 (Reuters) – Republicans on a
congressional panel investigating a deadly meningitis outbreak
linked to tainted drugs have told the top U.S. drug regulator
not to expect new authority to prevent future problems until the
agency hands over documents about its role in the current
crisis.

As the number of meningitis cases edged toward the 500-mark,
the House of Representatives Energy and Commerce Committee’s
Republican majority staff released on Monday a letter that gave
the Food and Drug Administration until the end of November to
comply with a document request first made in mid-October.

Nov 17, 2012

Five Republican governors reject state-run health markets

WASHINGTON (Reuters) – Five Republican governors rejected on Friday a major provision of President Barack Obama’s healthcare reform law that calls on states to set up online health insurance markets where consumers can purchase private coverage at federally subsidized rates.

That makes it likely that the federal government will establish its own markets, known as healthcare exchanges, in those states and potentially supplant state control of private individual insurance markets.

Nov 16, 2012

Ohio, Wisconsin say they will not run their own health exchanges

WASHINGTON (Reuters) – The Republican governors of Ohio and Wisconsin on Friday rejected a major provision of President Barack Obama’s healthcare reform law that calls on U.S. states to set up online health insurance markets.

The news, which came a day after the Obama administration gave states an extra month to decide their participation, demonstrates the differing political whirlwinds that reform has spawned in Republican-led states since Obama’s re-election ensured implementation of the healthcare law.

Nov 15, 2012

US lawmakers will act on meningitis outbreak -senator

WASHINGTON, Nov 15 (Reuters) – The Democratic chairman of a
congressional panel investigating a deadly fungal meningitis
outbreak linked to compounded steroids predicted on Thursday
that U.S. lawmakers would take actions to prevent a similar
public health disaster.

The lawmaker, Senator Tom Harkin of the Senate Health,
Education, Labor and Pensions Committee, predicted that his
panel would find a bipartisan solution that would protect small
drug compounders from regulations that could mean higher
compliance costs.

Nov 15, 2012

US drug industry resists more oversight despite meningitis outbreak

WASHINGTON, Nov 15 (Reuters) – U.S. states should remain the
primary regulators for compounding pharmacies, rather than the
U.S. Food and Drug Administration, despite a deadly fungal
meningitis outbreak that has killed 32 people since September,
an industry group said on Thursday.

The International Academy of Compounding Pharmacists,
headquartered in Missouri City, Texas, told a U.S. Senate
oversight panel that the meningitis outbreak raging across 19
states occurred because regulatory officials at both the state
and federal levels failed to take action under current laws.

Nov 15, 2012

U.S. Congress takes aim at FDA over meningitis outbreak

WASHINGTON/NEW YORK (Reuters) – U.S. Republican lawmakers accused federal health regulators on Wednesday of failing to prevent a deadly fungal meningitis outbreak by not acting much earlier to shut down the compounding pharmacy at the center of the crisis.

As Congress began debate on whether new laws are needed to help the U.S. Food and Drug Administration police the little-known drug compounding industry, Republicans in a committee hearing warned against the knee-jerk adoption of new regulation.

Nov 14, 2012

FDA chief asks for greater control over compounded drugs

WASHINGTON, Nov 14 (Reuters) – The top official at the U.S.
Food and Drug Administration has asked Congress to strengthen
federal authority over drug compounders that are not currently
subject to the stringent FDA safety and efficacy standards
imposed on drug manufacturers.

FDA Commissioner Margaret Hamburg, in written testimony to
an oversight panel in the House of Representatives, said the FDA
should be given clear authority to test compounded drugs and
inspect the records of “non-traditional” compounding pharmacies
that pertain to prescriptions, shipping and volume of
operations.

Nov 14, 2012

Meningitis victim’s widow urges U.S. action on drug compounding

WASHINGTON, Nov 14 (Reuters) – The widow of a Kentucky judge
who was among the first to die in a meningitis outbreak that has
killed 32 people in 19 states asked Congress on Wednesday to
crack down on drug compounders to prevent more needless tragedy.

“I would ask that you inquire how such a product became so
widely distributed. Why did so many medical providers purchase
this product from unregulated or poorly regulate sources?” Joyce
Lovelace asked in written testimony to an oversight panel in the
House of Representatives.

    • About David

      "David Morgan has covered news from Wall Street and Fleet Street to the White House, the Pentagon and Congress, including politics, macroeconomics, military affairs, corporate finance, U.S. intelligence, national security and the international markets. He has also reported from Atlanta on the rise of American conservatism, civil rights, homegrown terrorism and the Olympics, and helped chronicle the Sept. 11 attacks and their aftermath from Philadelphia, New York and Washington."
    • Follow David