Pharma Firms to Pay Medicare Rebates for Inflation-Exceeding Price Hikes

TL/DR - President Biden's 2022 Inflation Reduction Act (IRA) aims to save money for Medicare beneficiaries by establishing the Medicare Prescription Drug Inflation Rebate Program, which could save beneficiaries between $1 and $3,575 per dose, depending on individual coverage. The Act requires drug companies to pay a rebate if their drug costs…

SHUT IT DOWN Poised to Clinch CSG Executive Victory

TL/DR - Alifa Chowdhury and Elias Atkinson of the SHUT IT DOWN party are projected to become the 2024 president and vice president of Central Student Government at the University of Michigan, winning over 4,000 votes out of approximately 9,200. Chowdhury and Atkinson are part of the TAHRIR Coalition - a group of over 90 pro-Palestine student…

Top 4 Essential Facts on Healthcare Cybersecurity Threats

TL/DR - The cyberattack on Change Healthcare highlighted serious vulnerabilities in the U.S. healthcare system and highlighted the need for improved digital security. The ransomware attack had wide-reaching effects, causing providers to be unable to collect billions of dollars in payments, and many smaller hospitals and medical practices are…

European Manufacturing Requires New Strategies Against Biden’s IRA

TL/DR - Swiss solar-panel maker Meyer Burger Technology AG is set to move operations to the U.S. after shutting its factory in Germany, following a $220.5 million fundraising approved by shareholders. The company cites cheap Chinese competition and massive competitive disadvantages in Europe as reasons for the move. According to Bloomberg…