know what anything cost. like what it cost to go to the doctor for a cold or a flu or a broken arm versus a broken leg. will that ever be fixed by anything? michael, you first and then larry. there s a series of experiments that employers have done that shows when consumers are spending their own money, they demand price information and prices fall. that s the way that congress needs to repeal and replace obamacare by giving consumers control of the money, the money that their employers spend on their benefit so they can buy affordable health insurance and you have the cost consciousness that drives prices down and makes health care more affordable. jenna: your thoughts? there s something that mike and i agree with. there should be greater transparency. you should choose less expensive doctors. what we disagree, putting more financial risk on consumers. i don ts think what consumers are looking for are higher
medicines. still, prices of some generics have shot up. a bottle of 500-pill doxycycline has increased from $20 to $1849. these were some of the price increases presented at a congressional hearing in november. congress sent these letters to 14 generic drugmakers calling the ceos of three companies to the hill, but no one came to testify. this is rebecca jarvis with abc news. we called the companies, too. what s going on here? all declined interviews. some referred us to the generic pharmaceutical association. sometimes there are market forces. there can be drug shortages. there can be an absence of supply or active pharmaceutical ingredients. reporter: the generic drug ministry called the hearing misguided, questioned the price information and said its products have saved american consumers billions of dollars. back in salem, new york, some residents now have to drive 30 miles to bring their medications home. one way to push prices lower according to analysts, greater comp
movements, whether it s going up or down by a lot register first in chicago in the futures exchange. they re making, supposedly making markets in 4,000 individual stocks in new jersey. if they can get the signal first, the market is going down, they can get out or even sell to other people. so it gives them advance news on price movements in the market. so let me take you back, step back and if you look at what you re describing, it seems to me what you re talking about is more technology, more information, price information and more competition. and if you look over the last 20 years, haven t those three forces powerfully helped consumers and finance. that is to say, if you you go back 20 or 30 years ago, it was much more expensive to buy and sell stocks. there were many more intermediaries, fancy brokers who you have to go to and that all these forces have been
so the s&p goes up so the point of the line for the speed traders, the market movements, whether it s going up or down by a lot register first in chicago in the futures exchange. so they re making supposedly making markets in 4,000 individual stocks in new jersey. if they can get the signal first that the market is going down, they can get out or even sell to other people. so it gives them advance news on price movements in the market. so let me take you back, step back and if you look at what you re describing, it seems to me what you re talking about is more technology, more information, price information and more competition. and if you look over the last 20 years, haven t those three forces powerfully helped consumers and finance? that is to say, if you go back 20 or 30 years ago, it was much more expensive to buy and sell stocks. there were many more intermediaries, fancy brokers who you have to go to and that all these forces have been powerful kind of democratizing
sony aims to sell 5 million ps4s by the end of its fiscal year in march. apple is installing so-called ibeacons to improve service and boost sales. now, those are transmitters that are wirelessly connected to your iphone or ipad alerting you on price information, products or workshops to learn how to use new features or apps. back to you. thanks, seema. it is cheney versus cheney in a battle between siblings, plus, 3d guns have members of congress nervous and with with good reason. details nextment. oice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don t have time for unreliable companies. angie s list definitely saves me time and money.