Hearings. Catch washington today. Listen to cspan anytime. Tell your smart speaker, play cspan radio. Cspan, powered by cable. Pharmaceutical majors for being here. Onto think eli lilly i want to thank eli lilly announcing ac stencil reduction in list prices for some of their prices. Announcing a substantial reduction in list prices for some of their products. All over this country, people are saying enough is enough. They are sick and tired of paying outrageously high prices not only for insulin before other products as well. They want action and this committee will do what it can to respond to their needs. We need the help of the people on the panel to do that. As we gather today, i know we have some advocates fighting, we thank them for what they do. It is important to acknowledge the too Many Americans who died because they rationed their insulin. Alex smith was 24 years old and he dreamed of opening a sports bar. He is dead because he could not afford insulin. A 22yearold worked t
Hearings. Catch washington today. Listen to cspan anytime. Tell your smart speaker, play cspan radio. Cspan, powered by cable. Pharmaceutical majors for being here. Onto think eli lilly i want to thank eli lilly announcing ac stencil reduction in list prices for some of their prices. Announcing a substantial reduction in list prices for some of their products. All over this country, people are saying enough is enough. They are sick and tired of paying outrageously high prices not only for insulin before other products as well. They want action and this committee will do what it can to respond to their needs. We need the help of the people on the panel to do that. As we gather today, i know we have some advocates fighting, we thank them for what they do. It is important to acknowledge the too Many Americans who died because they rationed their insulin. Alex smith was 24 years old and he dreamed of opening a sports bar. He is dead because he could not afford insulin. A 22yearold worked t
Organization dedicated to advancing knowledge and understanding of Health Policy issues for the policy making community, the media and the surrounding stakeholders in the d. C. Area and beyond. So welcome this morning to those who are joining us live on cspan2 and watching from home. And before we begin, i just want to make a quick note about the dates for the next several breakfasts. Well be doing them about once a month. The next one will be march 29th, and we will be talking about pandemic preparedness. So quite different from todays topic. Today we are delving into the broad topic of shifting dynamics in the Health Care Market, and were going to take a closer look at the issues around market concentration, consolidation and integration. And although there have been a lot of recent headlines about this topic, this is not a new issue in our health care system, and so the panel of experts today is going to help us understand whats happening right now, what the implications are and als
What could we do, how could we work with Medicare Advantage plans and one way might be if a plan, if a beneficiary goes out of network, they have innetwork cost sharing but the plan reimbursing the out out of network hospital. Historically in particular providers have said no to Medicare Advantage because theyve been able to do so. Thank you. I saw three hands go up at once so we will go sarah and then down the road. Sarah with bloomberg law, can somebody comment on the idea that theres Cost Shifting from medicare to private plans . Seems to be assumed that there is but then there seems to be debate, is that really going on . Its important to differentiate between differences and price levels which are profound and dramatic and undeniable versus the theres a trickier question as to whether when medicare rates grow slowly or drop for some reason that that actually push out private rates and thats thats a much harder question and i did a paper that came out years ago that that, i think,
That we made. Among the most contentious issues over the past two years involved the armys restructuring initiative. I understand the army has been put in a difficult position by budget reductions and over the past several years has been exploring a number of option to maximize come pat power while at the same time trying to combat costs. Congress has similarly been taking a hard look at this which is why the commission of the structure of the army was established in the ndaa. If confirmed will you comment to thoroughly reviewing the armys Aviation Restructuring Initiative and working closely with congress once the Commission Report is delivered next year to help us figure out the best path forward on Army Structure issues . Absolutely will and i look forward to reviewing the Commission Report. And what do you think are the biggest threats that should you be confirmed youll have to prepare the army to address in the coming decade . I think the armys fundamental mission of engaging in g