plants serve more than 45 million seniors on medicare part d, and 20 million seniors on medicare advantage, new tools to negotiate lower prices. thanks to our actions this year, premiums for medicare part d and , but we haventage ever heard have gone down. i never heard that word. gone down. and now they will go substantially down. sadly, a majority of democrats of the house of representatives have cosponsored a very socialist health care plan that , medicareroy medicare advantage, and outlaw the employer-sponsored health care plans of 157 million americans. we think they will actually come see --ith us when we when they see what we are doing. we think that we hope. makes noething that sense any other way. we think they can be bipartisan. a democrat to be that told me how important drug pricing was. it wasn't a republican in this case. it was a democrat. under this administration, we will always protect medicare for our great seniors. we will always protect americans with pre-existing conditions. always. in every action we take, we are putting america first. this is very much about putting

and medicare is telling me because i have had not had medicare part d, that they target next to the that i would -- that they charge and next to fee that i would have to pay every month and i cannot afford that. and so, i am stuck where i cannot even purchase insurance in the open market. host: let hear from emily barson -- let's hear from emily barson. guest: i am sorry to hear that. and be able to have access that they wouldn't otherwise be able to help you regret let's hear from plant from mckinney, texas. tell us your situation. >> i was wondering if her guests can speak to the impact or the time between the aca and immigration reform. at the time it was passed, it was really planned that immigration would occur shortly after, understanding that the health care mandate really only applied to legal citizens, and at the state level, significant portion of health care expenditures come from uninsured people accessing health care and not being out to pay for their services. i wonder if you could just speak to the tie to those two incidents. seeingt now what we are is states continue to m

i'm not concerned about that data. >> if this proposal could be successful for medicare part d, does it have potential in medicare part d or the commercial insurance market? >> it's important to remember the pricing model. this is not a competitive system when talking about medicare part b. this is us as a government payer almost just like the european countries. we are a government payer for the infusion and physician administered products and right now we have to set prices because there's no market-based mechanism to determine what to pay beau we're just bad at it because we take the price and pay a 6% markup on it. this is a proxy using as good of market-based information we can find. part d, part d works, it can work better and we're going to be rolling out soon the modifications that we promised in the president's blueprint to enhance the power of the part d insurance companies to negotiate even harder against the drug companies because there are pockets of the part d program they're not getting the deals they can and should be able to get as we know from the commercial states,

medicare part d plans new tools to negotiate lower prices for more drugs. thanks to our actions to increase competition to drive down cost now the premiums will start to substantially decline for the second year in a row. we have already gotten it down a lot but now it will go down from what we're doing today and over the last couple of months. further to confront the global freeloading of the taxpayers. foreign countries extort the lower prices for their citizens subsidized by higher prices from american citizens for more research and development by our country and other countries are not asked to pick up their fair share. it is called welcome to the game whether trade or military but it will all stop. we are taking dramatic action to make health insurance more affordable. we are allowing american to pool resources to buy better health care for less money through association health plans and that is really taking off. they are getting tremendous sales even more than we thought it is beautiful to see. we have expanded access to short-term plans to provide c

we have given the plans that serve more than 45 million seniors on medicare part d and 20 million seniors on medicare advantage new tools to negotiate lower prices. thanks to our actions, this year, premiums for both medicare part d and medicare advantage have, and i'll give you a word that you haven't ever heard, ever heard, have gone down. you've never heard that word. protect medicare for our great true. true. gone down. and now they're going to go substantially down. sadly, a majority of democrats in the house of representatives have co-sponsored a very socialist healthcare plan that would destroy medicare, terminate medicare advantage, and outlaw the employer-sponsored healthcare plans of 157 million americans. we think that they're going to actually come along with us when they see what we're doing. we think. we hope. it's something that makes no sense any other way. so we really think that can be bipartisan. it happened to be a democrat that told me how important drug pricing was. it wasn't a republican in this case; it was a democrat. under this administration, we will always prot

we have given medicare part d plans new tools to negotiate lower prices for more drugs. thanks to our actions to increase competition and drive down costs, average medicare part d premiums will start to substantially decline for the second year in a row. we have already gotten it down a lot but now it is going to go down with what were doing today and what we have done over the last couple of months. i directed my administration to confront the global freeloading of u.s. taxpayers. foreign countries extort lower prices from u.s. drugmakers for their citizens, subsidized by higher cost prices for american citizens. all research and development and every thing is borne by our country, and other countries are not asked to pick up their fair share. it is called welcome to the game, because whether it is trade or military or so many other things, they do the same thing. table all stop. -- it will all stop. we're taking action to make health insurance more affordable. we are allowing americans to pool resources to buy better health care for less money. -- less money through ass

drug prescription benefits after the state threatened to cancel recovering retirees eligible for medicare part d to expensive for most. >> there's a lot of drugs not covered under medicare part d. >> reporr: why they took the fight to keep the prescription fight to the federal court. >> one year worth of prescription coverage. >> reporter: the employees brought e suit against the state spends $800 a year in deductbles, butnd medicare part d, that goes up to $11,000 year. today in court, maryland federal judge likened dropping the benefits to maryland putting employees out on the street, so to speak. >> the state hadbl done a hor thing to us, and it's veryin frustr >> reporter: maryland needs to cut the benefit to for the bond rating, saying cutting the benefit to the employees. >> it was the state for the benefit, lower salary, but great benefits. so that was one of my reasons for staying 31 years. >> reporter: the judgeth grante preliminary injunction. the state is going to have to contact its retirees to discuss next best, but as it stands, they t can keepir prescription. benefits in green bel

we'll take care of medicare part d.helping you save up to five dollars on each prescription, and with free one-on-one pharmacy support, we've filled over 2 billion prescriptions and counting. stop by walgreens and save today. walgreens. trusted since 1901. jillian: liberal law professors launching a plan to try to expand the supreme court, the far left professors launching the project persuaded democrats to fill federal courts with liberal judges. they to counter so-called republican obstruction of the justice system. it requires democratic control of congress and white house by inauguration day 2021 far from a sure thing. canada has gone to pot. our neighbors to the north legalizing recreational marijuana overnight becoming the largest nation in the world to do so. this man ecstatic to make the first sale, and retailers expect a rocky start due to -- a small number of retail locations, uruguay was the first country to legalize recreational marijuana last year. rob: at least 6 key house races just shifted on the fox new

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and for some reason, she got into the wrong medicare part d. program and needed to pay about $1,200 a month for her diabetes medication. she is a retired person on social security and she cannot do this. this will be a program that can benefit people who are also falling through the cracks with medicare part d. or other insurance issues. at least during the period where we can then resolve those issues for them. we are looking forward to working with the department to really work through the nuances of how to make the program efficient and accessible for the clinic for the patients that need it. we are in support of this initiative. thank you. >> chair mandelman: thank you. next speaker. >> good morning. i and the c.e.o. of the san francisco community clinic consortium. our organization represents 11 of the nonprofit community health centres in san francisco. collectively, our members serve 113,000 san francisco residents which is about ten% of the population. we also serve about 4200 healthy san francisco people and 46,000 other enrollees. our

negotiation that we have in part d, and we are going to begin negotiating where we haven't seen it in part b. and we began to ask for feedback and we ultimately gave medicare advantage plans the ability to use step therapy, and cross-manage part b and part d drugs for the $12 billion of drug spend in medicare advantage plans. so again, i think as people look at oh, what are you going to do, here's what we announced we were going to do, then today on the first day of enrollment, we saw medicare advantage plans who hadn't worked really quickly. many of these negotiations were already close. they were given new authority and went out there and began renegotiating, and they have announced how they are going to do it. but there are two key pieces of that. one was patient protections, making sure patients who are stable on their existing drugs were going to remain on that medicine if their doctor felt it was best for them, and doing so in a way that reduces physician abrasion. we don't want doctors to be barraged by faxes and patients waiting at the pharmacy counter. we believe there are electronic tools with which medicare advantage plans can do that better. bu

medicare "part b," as it's called. it would be phased in over five years. most of the other prescription drugs covered by medicare, known as medicare "part d," wouldot be changed by this. rnment would also try to change doctors' incentives tied to alex azar is the secretary of health and human services who will oversee all of this and he joins me now. welcome. >> thank you, good to be here. sohe president saivery big announcement today, he referred to this as a revolutionary change. can you just explain the basics of wha this does? >> you bet. so just this morning we released data showing that, our medicare program, where we pay for these infusion drugs -- these are the high-cost drugs that physicians or hospitals administer to you --e are paying 180% compared to what europe and japan are paying for these very same drugs and that can often be as high as 500% higher than what they're getting. why different? cae pharma is voluntarily giving these other countries omwithrable economic power vastly better deals. we get a deal pnd 6% markup on the top. we are bringing competition toy the system referencing foreign polices pharma is giving enefit tobringing the the m

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but aetna must move ahead to sell its medicare part d.ogram to resolve any antitrust issues. cvs opted to buy aetna last year. it will give them a bigger role in healthcare if the companies combine in cvs stores, clinics and prescriptions. meanwhile, at&t and time warner plan to launch a streaming video service next year. it will include films, tv shows, and other offerings. so far no pricing has been announced. at&t acquired time warner in june. it's the latest company to offer streaming as more people switch from traditional cable. >>> for those of you that still use snail mail, the postal service wants to hike the price of its postage stamp. it's aiming to raise first class stamps by 5 cents. the 10% increase in the cost of mailing a 1 ounce letter would be the largest hike since 1991 if approved by regulators the proposed increase would go into effect in january. >> thank you, diane. >> all right. thank you. >>> still ahead, a moon rock for sale. how much a 12 pound lunar meteorite is expected to fetch at auction. a 12 pound lunar met

this is going to move the industry in that direction and also remember, when it comes to medicare part dtalked about subjecting that market to the price competition in medicare part d where different plans compete with each other to get better deals than those drugs moving those drugs into a competitively bid system maybe they'll rethink that asp the way we pay for those drugs is a price fixing model. just a high price. >> so this is a negotiation? >> that's the way to do it okay so just -- it's too simplistic to say that we're going to import price controls from the rest of the world. because you're not for those i mean, those are a negative for innovation but i started to come around watching it the way some of our companies here sort of game the system they get a lot of good deals with patent exclusiviviatent exy that's not good enough for some. they want more if we could do it the way you said where we use our buying power as the government to lower prices, that would make sense. just importing what they do, price controls -- >> this is an old price system you're taking an average of

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we help with medicare advantage part d programs to enhance benefits for our seniors.he american health care act did not have everything in it, but let me tell you what it did. it brought the crop -- it brought the cost of premiums down. it eliminated the medical device tax. it had an alternative that would allow for risk pool sharing, so that those with pre-existing conditions could have their highs subsidized. it would balance out the highs and lows. no insurance would be able to deny them coverage because of pre-existing conditions. it allowed them to keep children on health care until the age of 26. not one democratic vote. my opponent may say that he is not going to vote for nancy pelosi, but if they win the house, nancy pelosi will be speaker of the house. doug: do we need a rebuttal? mr. mcadams: i think so. as i have said repeatedly i will , not vote for nancy pelosi. i think it was wrong for the democrats to push through a health care reform bill without a single republican vote. it was equally wrong for the republican to push their health care bill without a

part d and we will begin negotiating in part b. we began to ask for feedback and we ultimately gave medicare advantage plans the ability to use that therapy, and cross d drugsart b and pard for the $12 billion of drugs spent in medicare advantage plans. so again, i think as people look at, oh, what are you going to do? here is what we announced we were going to do, and then today on the first day, of enrollment, we saw medicare advantage plans who had to work really quickly, right? many of these negotiations already closed. they were given authority and they went out there and began renegotiating. they have announced how they are going to do it. there are two key pieces of that. one was a show and projections, making sure that asians were stable on their existing plans -- patients were stable on their existing plans, and doing so in a way that reduces position abrasion. we don't want doctors to be barraged by faxes and patience waiting at the pharmacy counter. we think -- we believe there are electronic tools which medicare advantage plans can do that better. but ultimately, we wanted the savings this year to be shared with the ben

sgrz if this proposal can be successful in medicare part d. >> i think it's important to remember the starting point. the starting point were. this is not a competitive market-bapsd. this is us as a government pa r payer. ls no market mechanism to determine what to pay, we're just really bad at it because we take their price and put a 6% markup on it. this is a proxy using as good of camping information we can find. part d can work better. we'll be. probably, in the president's blueprind rrm. they are not geg the deals. they can and should be able to, as we know, from the commercial space. here in part d we're getting discounts that are as good or better than what the europeans. we're keeping the patient in the driver's seat because they have a choice. we don't have a single formulary in part d. the president has the ability to ex exit. that is working. i don't need to use a price-setting model. receipts why we'r-- that's why e here. >> what about medicaid? could you envision pursuing this in medicaid down the road? >> this could be a proxy in medicaid, but what i fear you will find i

the deal was approved on the condition at number cells its medicare part d prescription drug business. at not announced it would sell the business for an undisclosed amount. cvs announced plans to buy aetna late last year and expected to give the chain a big old -- bigger role in the healthcare industry. >>> sears appears to be ready to file for bankruptcy. they prepared for the filing by hiring a legal team. the company has a debt payment of $134 million on monday. series is hoping to avert an in court restructuring. razor maker gillette is getting a break from the tariffs and will not have to base the 25% tariff put on steel imports. gillette said it could not find the specialized steel for its razors in the u.s. and have been purchasing from a swedish supplier for more than 20 years. stocks are sharply lower in bond yields rising putting the s&p 500 on track for the fifth drop in a row. we've seen tax -- tech stocks make big gains and down overall. the dow jones down 600 points losing 2.25% and the s&p down by a similar percentage almost 2.25%. the nasdaq down by three full percent

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yes, sir. >> yes. >> and i want to go back to, since you mentioned medicare part d, and the fact that we haven't pulled the trigger yet on part of that, i put that trigger in there, i was really worried, wyoming only had two people that were providing any medical, any prescription insurance, and i was afraid that when we went to this part d, that we might lose both of those, so i thought there ought to be some alternative to go in there. now, my mom was one of the people that was eligible for it, and so i asked her if, you know, she was going to need any help on figuring out her prescription d or not, and she said that she could use a little bit of help. i don't know if you remembered the books that came out were about this thick, with really thin pages, for these seniors to look through, to see if they could qualify. so i tried out every mechanism that there was for making the selection, so that i could maybe also try these systems, but find out how they work, and the reason that book is so thick, is because we've got competition. it was kind of virt ule pricing that was done on that

we'll take care of medicare part d.ne-on-one pharmacy support, we've filled over 2 billion prescriptions and counting. stop by walgreens and save today. walgreens. trusted since 1901. >> facebook gearing up for the midterms by setting up a war room. >> claudia cowan setting up a look at what the social media giant is using to fight threats to election meddling. >> behind me is war room for the upcoming us midterm elections. >> this is the facebook election war room, experts working to read out bank accounts, bogus news stories and block those who want to use facebook, instagram and what's apps to sway the midterms. >> massive investments to make sure our platforms are safe and secure for elections. >> reporter: the company has been under intense scrutiny from congress, the fed and the media after it emerged russian government leaked operatives used the platform to target americans during the 2016 presidential election. >> these people represent teams through intel operations, data scientists, research and streamlining c

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announcing the blueprint, my administration began to crack down on so-called gag clauses in medicare, part dlans. these clauses present -- prevent pharmacists from telling patience about more affordable options for prescription drugs. congress is building on my administration's actions to completely end these unjust gag clauses. citizens deserve to know the lowest price available at our pharmacies. now, that is what they are getting. they will be able to see pricing , see where they should go, and as they start leaving certain pharmacies, they will be dropping their prices. cost voting to reduce the of health care should be a priority over forcing people to prices.e current get big pharma off of wall street. you cannot fix health care if it is profit over people. william, good morning. health care should be the number one thing for this nation. education to follow. i do not understand why people are so angry about obama care or any other that is being thought through. , there is nohealth strong nation. i am tired of people talking about socialism, socialists. people don't have a clue, if you

we'll take care of medicare part d.lping you save up to five dollars on each prescription, and with free one-on-one pharmacy support, we've filled over 2 billion prescriptions and counting. stop by walgreens and save today. walgreens. trusted since 1901. rob: all right, america's booming economy could potentially see another surge. jillian: president trump revealing his plans for congress to pass more tax cuts before midterms. >> we are looking at a major tax cut for middle-income people who need it. >> time frame for that? >> sometime around the first of november maybe a little before that. rob: nobody saw this coming, the question is can the president even realistically get this done in the next couple of weeks? jillian: peter morici joins us now, thank you for your time. got a couple of weeks to go here, do you think is something that can get done? >> well, if he had a bill, this is what i want, written up bill he could call back the house and senate and ask them to vote on it. the house is out campaigning. it's a ve

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we'll take care of medicare part d.ion, and with free one-on-one pharmacy support, we've filled over 2 billion prescriptions and counting. stop by walgreens and save today. walgreens. trusted since 1901. >> squirrel. >> get it, get it, get it. >> did he bite you? >> time for good, the bad and the ugly. first the good. north carolina officers rescue one of the smallest neighbors. the officers wrangling a squirrel into a cardboard box. >> rob: next the bad man goes on beer run. man caught on surveillance camera bolting for the door. look at all that beer. police in texas posting the shop lirst's picture trying to catch this guy. carley: finally the ugly. barbecue spice wing. i thought they were disgusting. my wife thought they were good. she does have questionable taste. she married me. rob: that's funny. that's a very good tweet. carley: that is a very good tweet. rob: we will see you later. >> less than three weeks away from the midterm election. >> i think the american people are going to reject both the way they treat

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if you would, great story, you are on point for medicare part d.it was a brutal fight on the house floor and there was a story you told at the end where you are like one vote short and trent franks republican from arizona, for i am not he wants to talk to who? >> the president of the united states. i needed his boat and we needed his vote to have the 217 votes to carry part d. part d as you all know who was my idea and my department came up with it even though george bush gets the credit for it, it was really tommy thompson. when you get to part d, remember, thank me.we put it together and we were having a tough time getting it passed. and speakerácalled me over and he said, trent Ãthe 4:00 a.m. president bush to his credit was wonderful. he came in from england, he had just been over in london. i think to see the queen if i remember correctly. he had just landed the night before. as tired as you can imagine. so i have this individual congressman, two from arizona. they wanted to weigh in on who the president was going to appoint as federal judge.

we'll take care of medicare part d. up to five dollars on each prescription, and with free one-on-one pharmacy support, we've filled over 2 billion prescriptions and counting. stop by walgreens and save today. walgreens. trusted since 1901. >>> so my favorite cookie is salty oatmeal cookies and jeffreys is chocolate chunk. these are so good. while i scoop out the dough, let me tell you about them. >> that is inagarten on the new season of her show "barefoot contessa." the emmyward television host and best sellinguthor is loved in part because she seems like us. ina has no formal. traini she taught herself how to make a great meal by experimenting wits cook b and she left behind a good job as a federal bget analyst to pursue her passion in food. since then her warmth and down to earth approach in the kitchen have made her a cinary icon for people who describe her as a friend, mother figure. she invited me h to here in the hamptons for lunch and a sunday sitdown. >> i built that house 25 years ago. you like my commute to

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