Word: bargaining
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...Medicare prescription drug costs by $80 billion over 10 years. While a step in the right direction, this concession requires the Obama administration to oppose future cuts in drug costs. A Republican Congress forbade Medicare to negotiate prescription drug prices with producers; predictably, costs remain high. Freeing Medicare to bargain with Big Pharma would save the government an estimated $90 billion annually. The Department of Veterans’ Affairs pays lower drug costs than Medicare because it is allowed to negotiate drug prices—it defies logic that one government agency can negotiate with the pharmaceutical industry while another...
...Through his attorney, denied reports he was considering a plea bargain to avoid prosecution...
...some observers worry that all the discounting and secondary lines could tarnish a brand's upscale image in the long-term. "You want to avoid the Pierre Cardin catastrophe," says Sanford C. Bernstein & Co. analyst Luca Solca, who was referring to the way Cardin's apparel wound up in bargain basement bins at discount retail stores because there were few checks and balances to control quality, distribution and pricing. (Read "Recession? Not in New Delhi's Luxury Stores...
...glum, Stalinist-style group of buildings constructed in the 1970s to house the first foreigners allowed to live in China after the turmoil of the Cultural Revolution ended. Although there are plenty of newer, swankier developments available, Jianguomenwai is still favored by some diplomats and journalists for its bargain rents and convenient proximity to an avenue leading to Tiananmen Square. But the apartments may be a little too close to the capital's most famous landmark. In late August, residents were notified by the compound's managers that, during the planned Oct. 1 parade marking the 60th anniversary...
...well intentioned and are sincerely working on health-care reform in order to better the bill, others, such as Iowa Senator Charles Grassley and Wyoming Senator Mike Enzi, are wasting the president’s time by negotiating in bad faith. It makes little sense to attempt to bargain with senators so far the right, as opposed to centrists like Snowe as was done during the debate over the stimulus package passed earlier in his term. Obama would be better served to seek consensus with more moderate Republicans like Snowe and her colleague from Maine, Senator Susan Collins. Another admirable...