Wild Side Episode #256 3/22/16 - Now normally here on the Wild Side, Professor David Clyde likes to tackle everything politics all all levels from local to national to international. But in the most recent episode, the professor decides to keep things local. Well...he tries to but a tiger cannot change its stripes.
House Passes Kennedy Bill that Regulates Business Relationships Between Pharmacies, Insurers3/22/2016 The House of Representatives has passed legislation aimed at regulating the business relationship between pharmacy services providers and group health insurers with Department of Health oversight.
The bill (2016-H 7438A), introduced by Rep. Brian Patrick Kennedy (D-Dist. 38, Hopkinton, Westerly), would streamline the process that pharmacy benefit managers use to update pricing information for prescription drugs. “Pharmacy benefit managers use a list of maximum allowable costs for nationally available drugs,” explained Representative Kennedy, chairman of the House Corporations Committee. “When the market conditions are such that the price goes up dramatically, pharmacies may get under-reimbursed when the pharmacy benefit managers don’t keep up-to-date with price changes.” Gasoline prices continue to rise in Rhode Island, and are up 7 cents per gallon today compared to a week ago, according to AAA Northeast. Motorists are still paying far less than this time last year.
AAA’s March 21 survey of prices in Rhode Island finds self-serve, regular unleaded averaging $1.92 per gallon, seven cents higher than last week. Prices are up 18 cents over the past three weeks. Rhode Island’s price is six cents below the national average for regular unleaded of $1.98. A year ago at this time, the average price in Rhode Island was 48 cents higher at $2.40. Here are the highlights from news and events that took place in the General Assembly this week.
Kevin Aherne
Teespring has become the latest company to experience a breach in their security that has compromised the private data of its employees -- and it is directly impacting Rhode Islanders. Rhode Island residents who lost their jobs in 2015 when the apparel brand relocated to Kentucky were dealt another blow when they received an email from their former employer. We discovered that a Teespring employee was the victim of a phishing scam, which resulted in W2's from 2015 for our current and former employees being sent externally," says the email from Teespring's SVP Finance of Operations, Ryan Roland. "This is a scam that has impacted a number of companies, including ours, unfortunately. We are extremely sorry that this has happened." |
WBOB
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