On the money starts right now. This is on the money. Your money, your life, your future. Now becky quick. We begin with epipens. For those who suffer from lifethreatening allergies epipens ar life saver. Pharmaceutical Company Mylan has a 90 market share of the product. As the Company Keeps hiking the price it is raising the question, should there be limits on drug price hikes . Meg terrell is here with more. Reporter the price of epipen has risen over 500 in the last decade. Prescriptions for the lifesaving allergy drug spike during back to School Season as parents restock for the year ahead at school and at home. Now 600 for a pack of two, the epipen price tag is drawing outrage and its caught the attention of washington. Drawing intense pressure on maker mylan pharmaceuticals. Ceo heather brush defended the price increases but said a broader problem in health care is to blame. Theres a list price of 608. There is a system. I laid out there are four or five hands that the product touches and companies that it goes through before it ever gets to that patient at the counter. Reporter brash says more than half the 600 price goes to middlemen like pharmacy benefit managers and distributors. Still the company responded to the outcry by increasing its programs to help patients with copays. When that didnt quell pressure it took an unusual step. Introducing its own generic product, identical to the bra branded epipen, at half the price. The move drew a mixed response. Lawmakers continued to press for answers about the price increase in the first place. While critics say even the generic price is still much higher than epipens price ten years ago. The most important question is can everyone who needs an epipen now afford it . Well see as we get through back to School Season. The drug scrutiny pricing more broadly isnt going anywhere. You can understand why this happens with epipen because people who buy it for their kids need one at home, one in the car, one for school. So it adds up particularly when youre paying out of pocket. Has the company done anything to change the epipen product since it started raising rates . They say they have made some changes to the product, to the injector covering the needle, for example. A lot of folks point to all of what they call education and training they do, showing people why they need the epipen, how to use it. Others might argue its all marketing. Meg, thank you so much. Joining us now is dr. Scott gutly, a practicing fit, a resident fellow with the American Enterprise institute, and he has served at the food and drug administration. Thank you so much for being here. Thanks. We hear problems like mylan, weve heard this with other companies as well, other pharmaceutical companies being charged with raising prices far too much. What do you think is happening . These are very old drugs that should be subject to vigorous competition, basically generics, but theyve been given a monopoly for a variety of reasons and acting like monopolists, raising their price. There theres no reason there shouldnt be other versions of epi pen on the market but there arent. We call these complex drugs, hard to formulate, hard to make, hard to deliver. How is it difficult to deliver a shot . Making an auto injector to deliver a precise dose of a drug isnt that easy. Synofi had a similar problem with a product that got withdrawn because of problems. If you want to develop a copy of mylans product youve got to replicate it exactly, the same instructions for use, but mylan maintains intellectual property around the autoinjector pen. If you want to make one, chances are its going to be different to use, youre going to need different instructions, but the generic drug law says if you want to make a copy you have to provide the exact same instructions as the drug youre trying to copy. You think this is a problem with the fda . Or you think this is a problem with the rules that congress has set up for the fda . Both. The original rules to sort of create generic drugs, the hatch waxman act, is very old. It it envisioned small pills that you take out of a medicine cabinet that are easy to copy. More newer medicines of complex drugs that are harder to copy, its not as simple as making a similar version of the drug that youre trying to copy. I think fda needs more flexibility to approve copies of some of these drugs. In the case of epipen, a classic example. Hillary clinton just came out with a plan on friday for kind of checking out price controls when it came to drug hikes, drug increases. Its in response to what weve seen from so many of these companies that have hiked price with 500 , 800 or more. Is that the right solution . Unfortunately, i dont think it is. There is a selfcorrecting mechanism here. When these markets do become money none lighted the prices go up, that encourages competition into the market. I think by trying to cap prices people can charge, youre going to discourage competitors from coming into these markets and youll see less competition in the long run. Mylans response is to say theyll put out their own generic version of the drug which costs 300 versus 600. Its weird to think of a company putting out its own generic version. This is an appropriate response . Its going to help consumers and mylan in the long run, allow them to lock in low market share, take pressure off fda to approve another generic. In the short run its going to provide some relief to consumers who are out of pocket. Most people dont pay that 600 price, most people get it paid for through insurance. The only people getting stuck with the high price are uninsured or underinsured, those who can least afford it. Now they have a 300 option, a real benefit. Lets talk about zika. At the end the summer, good news, for at least northern regions of the country. But they did find actual mosquitos with zika virus in miami beach this week. As we get into the cooler parts of the year is this okay . What do you think about what weve seen so far and how big of a threat this is . Is it for a larger outbreak in the United States . Right. Were very low risk for actual outbreak in the United States. The problem is that theres not good surveillance in all parts of the country so we dont know where these outbreaks are occurring. Theres a lot more people who are worried than probably should be. And i dont think they shouldnt be concerned because this is becoming a more worrisome virus. The more we learn about it, the more we learn it is quite serious. Thank you for joining us. Thanks. Heres a look at whats making news as we head into a new week on the money. A disappointing jobs report for august. Americas economy did create 151,000 new jobs last month but that was slightly below expectations. The Unemployment Rate remained unchanged at 4. 9 for the month. Food services and the professional sector both show growth but it was manufacturing that shrank a bit. The dow spent most of the week waiting for the jobs number and climbed in early trading on friday on the hopes that the fed wouldnt raise rates later this month because of that disappointing number. The nasdaq and s p following suit. Stocks closed high over friday. U. S. Auto sales are cooling off. Gm and ford both showed declines. Ford was down by about 8. 4 . Gm by 5. 2 . And thats slightly better than expected. Amazon may be nearing a launch for a new music streaming service. The online giant is reportedly ready to take on apple and spotify with a new Subscription Service that would cost 9. 99 a month. Pandora is reportedly close to a new service as well. Were on the money. She was the first africanamerican woman in space. Now she is working to get other astronauts beyond our solar system. Later, making sure you have enough income in retirement. Should annuities be part of your plan . We have a roadmap when we return. Take a look at how the stock market ended the week. From nasas journey to mars to newly discovered planets, there is a lot of excitement around space travel. 24 years ago mmae jemison became the first africanamerican woman into space. Shes working on the 100year starship project. Dr. Jemison, thank you for joining us, its great to see you. Youre welcome, im really excited about all the things that are happening today in Space Exploration and how they apply to life back here on earth. You say that there really is a connection between what were discovering there and how it affects us here on earth. What is that . So the connection is that in order to do Space Exploration, you have to push further than the things that we know how to do now. Today we take gps systems for granted. Theyre in space. Today we take Magnetic Resonance images, mris, for granted. Yet they were built on a lot of the algorithms that the computer programs that were used to interpret signals of probes that looked at venus, for example. Lets talk about some of the things weve seen just in the last week or two. There was a new planet discovered, proximab. Similar to earth, people wonder could life exist in other planets . What do you think . I dont know that having been in space gives me a better idea of whether life might exist on another planet. You didnt see any martians out there . Not that i can tell you. The reality is we know that this universe that our galaxy has billions of stars, we know that stars have planets, so the likelihood that theres life somewhere else to me is just absolutely there. Proximab is great because its only about fur. 2 light years away, thats a long way but its the closest neighboring star which means that we might have an opportunity to see it. We havent even finished exploring our own solar system. Nasas journey set the goal of human space travel to mars in the next 20 years. Do you think well make it in that time frame . As far as im concerned we could have been on mars sooner than that. As an australia i was thinking as a little girl i would be there. When i look at whether we go to mars, its definitely something we can do. The issue is whether or not we have the commitment and we connect it back to life here. So the folks understand that this isnt just a boondoggle, right . Its really about changing our world here. Just this week elon musk had the speculate x rocket that exploded on the launch pad. This is a rocket that was taking up a facebook satellite that was going to be going there. These rockets are doing things like supplying the International Space station, because were out of the business. Obviously nasa has had its own problems. But do you think that these commercial partnerships with nasa are the right way to be going and trying to accelerate the Space Program . I think its really a balance. Sometimes people see it as either or but its a balance. We have to remember the commercial industry has always been there. So boeing and other organizations were building vehicles and rockets a long time. So its always been there. This partnership now is a little different because theres a little bit more independence. Now you have new players in the market. It was just four weeks ago that you cut the ribbon and opened Jemison High School in huntsville, alabama. Describe the moment, describe the school for us. Oh, wow. Going to the Jemison High School was really a treat. Its an honor to have something named after you. The experience for me was one of sort of thinking back to when i was a High School Student and thinking, wow, i would have loved to have gone to this high school. Dr. Jemison, thank you, always a pleasure to see you. Youre very welcome, thank you. Up next, were on the Money Planning for retirement. How to make sure that you have enough income when you stop working. Well talk about whether an annuity is right for you. Dolly partons newest album is on top of the country charts. She will tell us why this one, her 43rd album, is a little different. It smells fine, but her guests smell this. Ding, flies, meow febreze air effects heavy duty has up to. Two times the odoreliminating power to. Remove odors youve done noseblind to [inhales] mmm. Use febreze air effects, till its fresh and try febreze small spaces. To continuously eliminate up to two times the odors. For 30 days febreze small spaces and air effects, two more ways. [inhale exhale mnemonic] to breathe happy. Are you at risk of running out of money in retirement . Most americans dont know how to turn their hardearned savings into a steady stream of income for when they retire but there are ways to do it. Senior personal finance correspondent Sharon Epperson joins us now to explain. Sharon, i guess we should start with the basics. What is an annuity . Basically a contract between you and an insurance company. You put in a certain amount of money, then you receive payments either immediately or somewhere down the road. The reason why a lot of folks want this is when they get to their 50s or 60s and think about how much money theyre going to need in retirement. They look at the Social Security check, if theyre lucky theyre looking at their pension, maybe getting a steady check from that too. Then there may be a shortfall in terms of what they need to cover. Thats where an annuity may come in. Either getn an immediate annuity or getting payment later, deferred annuity. You dont want to rely on the stock market to be at certain level, you have monthly needs . Exactly, make sure youre getting that paid out. How do you know if you need an annuity . Ask yourself whether or not you do in fact need a monthly paycheck. In addition to your Social Security and if you get one a pension. If no, maybe youre fine macs out your retirement contributions, 401 k , ira, whatever youve saved on the side. If the answer is yes that you need to get that steady income in retirement, you may want to consider getting an annuity and figuring out what type of annuity might work best. By what type of annuity, that leads me to believe they are not all created equal . Definitely not. You need to figure out how much risk youre willing to take. A lot of the people think when you say guaranteed stream of income that means a guaranteed return and thats not necessarily the case. So ask yourself how much risk can you stomach when youre trying to figure out what type of annuity to get . If you can stomach a lot of risk, then maybe youll go into a variable annuity because that is really tied to different types of investments that can fluctuate with the stock market and other type of investments. If you want a fixed rate of return, do a fixed annuity. Is it a lot more expensive to buy a fixed one considering how low Interest Rates are . Heres the issue with annuities. Fees. You want to consider the fact that if you need to take that money out, not so easy to do it without getting hit with a surrender charge. So you want to be careful about that as well. And then look at the different types and see what really works best for you. We always talk about this. The bottom line is you probably need to be saving more than youre saving right now. Most people dont save enough. Start there. And make sure that youre saving enough for retirement if you can. If you do have this shortfall, see if theres a small portion of your savings that you would want to turn into an annuity. Up next, a look at the news for the week ahead. And dolly parton on celebrating her 50th wedding anniversary. She tells us about the milestone and how it inspired her new album. I just thought it was a good year for love and i know a little bit about love. Dish issues . Cascade platinum powers through your toughest stuckon food. So let your dishwasher be the shwasher. This turned out great. Cascade. Here are the stories coming up that may impact your money. Monday the markets are closed for labor day. Tuesday well get the ism nonmanufacturing index. Thats a look at the Service Sector of the economy. On wednesday the feds going to be releasing the beige book. That is its report on Regional Economic conditions. Also tech giant apple is going to be hosting an event in San Francisco where its widely expected that the company will announce the next generation iphone. And the 2016 nfl season kicks off when the defending super bowl champs Denver Broncos take on the carolina panthers. Country music legend dolly parton has been a force in show business for five decades. From hit songs to films to the dollywood theme park empire. She joins us herself this morning from nashville. Ms. Parton, i want to say thank you for being here today. Youre a huge inspiration. I love your music. I love what you have done as an entrepreneur. You ar great role model. So thank you. Thank you for having me. Sorry about the noise. Were in a wire house today doing interviews. Thats how that goes. If you hear booming sounds, thats just us doing our business around here. I know one of the big things is the Second Television movie on nbc this year. Its based on stories of your life. The first one, the coat of many colors, last year was a surprise hit in the ratings. Whats your secret to telling a good story . It always seems to connect. When ive lived a good story, its easy to tell it. So its called circle of love and it just follows a few months later from the where the story left off in the original. So people i think are still interested in faithbased family things. Im glad to hear that and to know that. I love to write so its easy to put my stories into songs. But ive lived an amazing life so i have a lot of stories to tell. Youve got a new album out, pure and simple. This is a strippeddown country songs. How did you come up with this . Whats your theme on this . Actually, this pure and simple album is pretty much what it says. Its all love songs. I wrote the love songs. This is my 50th anniversary, my husband and i, so i thought it was a good year to write some love songs. And i did them all in a pure and simple way, we didnt overproduce them require wrote and rou produced them. This is a special edition that were putting out right now with Cracker Barrel. Theyve been my partners for many things over the years. We have the same fans, the same people that eat at Cracker Barrel usually are the ones that come to my concerts. We have a deluxe package through Cracker Barrel. And its got a package of interviews, pictures that people are interested in, and so its got information, prizes to win for dollywood attractions that sort of thing. Were excited about working with Cracker Barrel on that. Ms. Parton, youve written thousands of songs by your own count. You were smart enough to maintain publishing control before other people figured this out. How did you know to do that . Early on in my career i realized that i needed to pay mind to my product. Im a songwriter, so if im going to write all those songs, why not own the Publishing Company . So as soon as i could in my early, early days i pulled that in and started my own Publishing Company. And then of course when i started doing a lot of tv and all i thought, why not produce that myself . Why not be as involved . So i try to gather as much as my things as i can to keep it inhouse so i have a little more control of whats going on. And i like to be able to pick and choose who i work with. And to have some sayso in my life. Its an excellent, excellent move. Ive always wanted to ask, theres rumor out there the king himself, elvis, wanted to cover i will always love you in the 1970s but he was asking for half the copyright and that you said no to the king. Is this true . That is true. Elvis was planning to record it but Colonel Tom Parker his manager says, we dont record anything we dont publish or at least have half the publishing on. Id had a hit record, it was my most important copyright at the time. So it broke my heart to say no but i did say no. And as years went by i was glad i did. But i still would have given anything to hear elvis sing the song. But that was just a business decision i had to make at that time. And so theyre not alwayss, making decisions. But youve got to be responsible for your stuff. I just want to thank you for your time. Thank you so much. I appreciate it. So pure and simple, dont forget. Thats the show for today. Im becky quick. Thank you so much jor running us. Next week, should kids be playing tackle football . We have the surprising answer from a former super bowl champ. Every week keep it here. Were on the money. Have a great one and we will see you next weekend. Were live at the Nasdaq Market site. The band is back together for the first time in a long time. Heres whats coming up. Look, up in the sky its a bird, its a plane nope, its just the potential new iphone. Well tell you what it could mean for shares of apple. Its back to school. Hey, boys. Heres a couple of pens in case you learn how to write. That could mean a time to buy one dow component in particular. Well explain. Im afraid, all right . You want to hear me say it . For good reason, the bix doing something its never done before and could