Good morning. I am president and ceo of the National Business group on health. I welcome you to the briefing on the 2018, the results of the 2018 Large Employer healthcare strategy and plan design survey. The Business Group is a membership based Nonprofit Organization of about 450 Large Employers. These are large, multi states global employers, most all are selffunded. They provide Health Benefits for over 50 million americans in the u. S. This group is more of a convener. We bring employers together, and stakeholders together to advance improvements in Healthcare Delivery system and payment reform. To advance and accelerates and share best practices amongst each other on how to control healthcare costs, to manage conditions and pharmacy benefits, valuablys plan design and engagement and improvement in Employee Health and wellbeing and that impact on welfare strategy. We play a role in washington to represent Public Policy issues related to healthcare. You have with you which can follo
Index that is normally, joe, thought of as a leading indicator for a bold market. What time do you get up in the morning . That was a great segue. That just flowed right into that. What time did you get up . 3 30. Did you watch this show yesterday . Yeah. If we analyze that, what kind of return it is is . Thats incredible. So you dont know. You need a ti calculator. Sorry. I wasnt taking notes. Well, you would remember. Youre a mathematical genius, right . It is 1250 . You do it on the ti calculator. You get three and a half times your money. Pretty good. I thought that was interesting. You didnt like the facts . We probably wont. I dont think so. But it would be nice. We do need, like you should probably have that program. What is 5 impounded over 12 months . It is a lot more than 60. Yeah. It is the eighth wonder of the world. We need a ti 83 calculator. I think mine got sold at a garage sale for like 10. That is not a good return to our investment. Youre at the early part of your ca
Markets and the feds and beyond. Lets get to andrew with breaking news on valeant. Another turn, the drug maker says its ending its relationship due to the Specialty Pharmacy business practices. The company saying it has lost confidence in the ability to operate in a manner acceptable to valeant. In response it said it would shutdown operations as soon as possible. Cvs health care also dropped them. Cvs saying it will no longer use services after an audit found evidence of noncompliance. Now valeant has been facing a lot of pressure and is facing federal scrutiny as well on the drug pricing and distribution policies so this is a big issue. Also activist investor and one of the largest shareholders expected to hold a Conference Call discussing his firms investment in valeant. Philidor represented somewhere between 5 and 10 depending on whose math you were doing for valeant. This will be a direct hit on the company but does seem to be suggesting they take some steps. Another story, one o
Person but another got away there was also a gunshot victim at the scene a few minutes later the Sheriffs Office got a call about another gunshot victim at a nearby apartment complex tonight police are trying to sort out what roles. Everyone played in the shooting for the First Time Police officers testified about the search for missing uva student hannah grandma Jessie Matthew was charged with grant abduction and murder and hearing for matthew today lawyers argued over evidence found by Police Officers during last years search mathews attorneys say police did not have enough evidence for a search warrant for matthews apartment. Matthew is also charged in the october two thousand nine abduction and first degree murder of Morgan Harrington starting next month military families may have to pay more for medicines Prescription Co payments will increase for some tricare beneficiaries starting february first patients who fill their prescriptions at Tricare Network pharmacies will pay two dol
Pretty well organized. I think if i want today get things out fast, bringing in the palettes palettes, if i remember, the federal contract governments with fed ex and ups, i would distranscript them to an existing network of pharmacies and i assume that was looked at as well. There is more pharmacies than post offices these days. I would think that we would use an existing system with a controlled mik nism rather than rebuilding one for a redistribution system. I agree i think we want to use any and all capabilities for Counter Measures. There may be particular scenarios where that may be more attractive, for example, a pandemic, where you want perhaps you want to distribute antiviral medications. That is not a attack scenario. And you would leverage your pharmacies to distribute those medications. If were talking about a bio attack, when you look at distribution points, its maintaining security. And it is slightly different. In terms of distributing Counter Measures, if you need to di