The Cost of Drugs: Generic or Maybe Not….

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The standard advice for consumers is: if you are prescribed a medicine, always ask if there is a cheaper generic. Questions: 1. According to the article, why are consumers told the opposite on some drugs – take name brand drugs and pay a higher co-pay? 2. What does Dr. Diller mean by “It’s Alice-in-Wonderland time… Read more »

But wait…..there’s more………

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Already struggling to rebuild its reputation after disclosing the creation of fraudulent bank accounts, the New York Times indicates that Wells Fargo may soon release information about even more fraudulent account creation. Questions: 1. Based on the new investigation, how many accounts were found and over what period? 2. What is the new regulatory issue… Read more »

Gosh, D.C., maybe it really IS a crisis!

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When you look at middle-class manufacturing jobs. many do not even require a high school diploma but pay $15 to $25 an hour and offer full benefits. So why aren’t they being filled? As Nelson Schwartz indicates in this article, the problem is that too many applicants — nearly half, in some cases — fail… Read more »

ER Bill Surprise!

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New data suggests that EmCare, now one of the nation’s largest physician-staffing companies for emergency rooms, is showing a disturbing pattern. In the case of a small Spokane, Washington hospital, the number of patients coded as having billing for the most complex, expensive level of care quadrupled after the hospital contracted for services through EmCare…. Read more »

Amazon-Nike Powerhouse

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According to Reuters, Nike’s pilot program to sell certain products on Amazon and Instagram is a precursor to it forging a deeper relationship with online retailers, and could hit sales at sporting goods retailers such as Foot Locker Inc. Questions: 1. What are the benefits of this deal for Nike? 2. How is Nike trying… Read more »

A new manipulation of stock

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Kamilla Bjorlin, actress appearing in movies with Al Pacino and Anthony Hopkins, as well as countless lesser roles, is now looking at possibly her biggest role in defending herself against SEC charges against a modern “pump-and-dump” scheme. Questions: 1. According to the SEC complaint, what was Bjorlin’s firm’s role in driving up the stock of… Read more »

The Dirty Little Secret about Big Pharma

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As the New York Times reports, when Big Pharma companies are under fire for skyrocketing drug prices, they would like you to believe that prices have to be so high to support research and development (R&D). But is that the truth? Questions: 1. What did the authors of the new study find that the 18… Read more »

The new CFPB rule

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On July 10, the Consumer Financial Protection Bureau (CFPB) issued a controversial rule to prevent companies from using arbitration clauses to stop litigation over customer complaints. Questions: 1. Many of these clauses have been related to credit card or banking customer contracts. If consumers don’t agree with the arbitration, why haven’t they filed class action… Read more »

Will this new strategy work?

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McDonald’s stock raced toward an all-time high Monday, June 19. What was the trigger? Wall Street reacted to the news that the burger giant was upgrading its technology, including kiosks, to meet on-demand orders. Questions: 1. Which product has anchored the McDonald’s menu for decades? 2. How is McDonald’s going to change its process of… Read more »

New Math: 1 + 1 = $455M

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An Ireland-based company, Horizon Pharma, makes a drug called Vimovo. The drug combines the two over-the-counter drugs of Nexium and Aleve and you won’t believe what they charge for it! Questions: 1. According to the article, how much does it cost to buy the new drug. Compare Vimovo’s price to the $40 for a month’s… Read more »