US Economy

TL/DR - Despite lower utilization of prescription medications, Medicaid spending on prescription drugs has increased significantly, according to a recent report by the Kaiser Family Foundation (KFF). The study, based on data from 2016 to 2022, found that although the number of prescriptions per Medicaid enrollee decreased, net spending on…

TL/DR - The US Bureau of Land Management (BLM) announced it will spend $4.9 million to study the impact of renewable energy projects on wildlife and rare plant species. This move could help the bureau decide where to place projects during environmental review and could fast-track some permits by conducting wildlife studies ahead of time. Nevada,…

TL/DR - The Inflation Reduction Act (IRA) has made significant changes to drug reimbursement and coverage under Medicare, and the Centers for Medicare & Medicaid Services (CMS) has issued revised guidance for its implementation. The regulation includes rebates on Medicare utilization of certain drugs if the average sales price or average…

TL/DR - The U.S., amidst political, social, and economic shifts, appears to be moving towards more interventionist and protectionist economic governance and prioritizing strategic investment in diverse areas such as green technology and defense. Post-pandemic recovery efforts have utilized crisis management tools and economic packages to…