Word: discount
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...Jean and The Perceptionists. Ha ha. Just kidding. (BBC)Hadyn: Mass in Time of War. Masterworks Chorale performs one of Hadyn’s powerful anthems led by guest conductor David Hodgkins. Sanders Theatre. 3 p.m. Tickets available at the Harvard Box Office, (617) 496-2222, $39/28/18 with $3 discount for WGBH members, WCRB Classical Advantage, and groups of 10 or more. (LAM)The Tiger Lillies and The Grindhouse Marionettes. The Tiger Lillies team up with The Grindhouse Marionettes in an alternative rock performance. Special guests Uncle Shoe and Barbara Michaels will be playing with Grindhouse Marionettes. The Middle East...
Organizers have reinstituted the student discount on tickets to promote sales, according to Glazer...
...private health insurers, opting for a cheaper generic version of an expensive name-brand drug is a no-brainer. But Senate Republicans are under fire from Democrats for encouraging just the opposite. The dispute has arisen over how much of a discount pharmaceutical companies should be expected to offer on drugs sold to Medicaid, the health care program for the poor. A deficit-reduction bill under consideration last week by the Senate Finance Committee had included a provision that would increase to 17% the current 15.1% rebate manufacturers of brand-name drugs must offer Medicaid. The Congressional Budget Office estimated...
...estimates the increased discount on generics would save another $300 million, but outside experts such as Stephen Schondelmeyer, a professor of pharmaceutical economics at the University of Minnesota, predicts it'll end up being "one of those penny wise, pound foolish decisions." That's because generic drug companies, which have far smaller profit margins than the brand-name firms, warn that the increased discount would squeeze them out of the Medicaid market, leaving the brand-name manufacturers-which can more easily absorb a rebate increase-to cash in when the federal program has to buy the higher priced drugs from...
...brand-name drug manufacturers to earn greater profits at the expense of low-income consumers," charges Democratic senator Jay Rockefeller. But aides for Senate Majority Leader Bill Frist and Finance Committee chairman Charles Grassley insist the generic drug companies are exaggerating the pain they'll feel from the expanded discount. They add that the deficit reduction bill, which the full Senate will consider this week, has other sweeteners for the generics companies...