US Capitol Capsule: ACA exchanges biggest 2013 mistake, greatest challenge ahead
This article was originally published in Scrip
At his second-term inauguration last January, President Barack Obama likely didn't envision spending much of the last part of 2013 apologizing for the disastrous rollout of the healthcare insurance marketplaces, or exchanges – the central component of the Affordable Care Act (ACA) – and at his end-of-the-year press conference on 20 December, the US commander-in-chief found himself again having to confess things had not gone as he had expected.
You may also be interested in...
With new funding in hand, Moderna and its infectious disease venture Valera are going full-speed ahead with a Zika vaccine, taking an mRNA approach, which they said could be a more rapid strategy to try to stop the disease.
Allergan CEO Brent Saunders vows not to engage in price gouging and says his firm will limit cost increases to single-digit percentages, occurring only once per year. But it's unclear whether Saunders will stand as a lone wolf in the industry or if others will make similar pledges.
Hillary Clinton's plan to rein in high prices of older medicines, which includes creating a federal panel that has authority to impose fines, may grab headlines, but some analysts think it's unlikely to get very far in a divided Washington.