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ERCOT promises power for the summer during grid reform briefing


ERCOT promises power for the summer during grid reform briefing
PUT and ERCOT informs Texans of changes occurring to the power grid
Though a conservation of power alert is not ruled out at some point this summer, officials work on changes to the grid and completing power grid initiatives.
AUSTIN, Texas - If you thought your AC unit is working hard now, just wait. A record power demand is expected next week. 
On Thursday in recognition of that coming heat wave, the Interim CEO of ERCOT made this promise. We believe next week looks good, based on all of our expectations, all of our forecasts, we believe we have plenty of generation to meet the needs of Texans, said Brad Jones, who manages the state s electrical power grid. ....

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The FDA seeks a new way to review old drugs without causing prices to soar


The FDA seeks a new way to review old drugs without causing prices to soar
Chuck Peterson of Omaha, Nebraska, recently experienced a swollen, painful knuckle caused by arthritis. He got a prescription for colchicine.
Doctors have used the drug for treating gout and other rheumatic conditions for well over two centuries.
When Peterson went to the pharmacy, he was shocked to discover that a two-month supply of 120 pills, distributed by Par Pharmaceutical, would cost him $225 out-of-pocket on his Medicare Part D drug plan. Taking it for an additional three months, as his rheumatologist wanted him to do, would cost him nearly $600 under his drug plan. ....

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As drug prices keep rising, state lawmakers propose tough new bills to curb them


Fed up with a lack of federal action to lower prescription drug costs, state legislators around the country are pushing bills to penalize drugmakers for unjustified price hikes and to cap payment at much-lower Canadian levels.
These bills, sponsored by both Republicans and Democrats in a half-dozen states, are a response to consumers intensified demand for action on drug prices as prospects for solutions from Congress remain highly uncertain.
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Eighty-seven percent of Americans favor federal action to lower drug prices, making it the public s second-highest policy priority, according to a survey released by Politico and Harvard University last month. That concern is propelled by the toll of out-of-pocket costs on Medicare beneficiaries, many of whom pay thousands of dollars a year. Studies show many patients don t take needed drugs because of the cost. ....

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