In ongoing negotiations, it's reported that some are proposing to employ destructive drug price controls…
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Budget Negotiations: CFIF Opposes Use of Drug Price Controls via "Mandatory Inflation Rebates"

In ongoing negotiations, it's reported that some are proposing to employ destructive drug price controls as a mechanism to reach a budget agreement.  For multiple reasons that CFIF has highlighted, that poses a potentially catastrophic idea.

Specifically, it appears that debt ceiling negotiations may include a destructive proposal to reduce federal spending levels by targeting $115 billion from Medicare, which would derive largely from alleged “Medicare savings” through instituting a government-imposed mandatory “inflation rebates.”  As we've explained, inflation rebate proposals work by penalizing drug innovators with higher taxes whenever their products exceed an arbitrary inflation mark.  Currently, Medicare Part D’s structure works by employing market-based competition…[more]

July 22, 2019 • 01:09 pm

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Wednesday, July 10 2019

A woman is suing Keurig, the maker of the "K-Cup" single-serve coffee pods, alleging the company deceived consumers by advertising that the pods are recyclable.

Kathleen Smith, the lead plaintiff in the class action lawsuit, argues that she and other customers would not have purchased nor paid as much for the K-Cups had they known they were not recyclable. She further claims the plaintiffs were financially injured by their purchases.

The class action lawsuit argued that most cities’ recycling facilities do not accept polypropylene plastic, the material that makes up the pods. U.S. District Judge Haywood S. Gilliam Jr., in allowing the case to move forward, noted that Smith had sufficiently established her claims, saying, “the Green Guides state that if a product is rendered non-recyclable because of its size or its components  even if the product’s composite materials are recyclable  then labeling the product as recyclable would constitute deceptive marketing.”

Keurig countered that most customers would realize that the K-Cups are not recyclable everywhere and argued that the cups are in fact able to be labeled as recyclable, per the Federal Trade Commission’s requirements for such labeling.

Source: topclassactions.com

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