How Trump could use a rare regulatory maneuver to lower drug prices before Election Day, and how it could backfire

first_img About the Author Reprints What’s included? Unlock this article — plus daily intelligence on Capitol Hill and the life sciences industry — by subscribing to STAT+. First 30 days free. GET STARTED By Nicholas Florko Sept. 3, 2020 Reprints How Trump could use a rare regulatory maneuver to lower drug prices before Election Day, and how it could backfire  Politics [email protected] WASHINGTON — The final two months before a presidential election don’t typically feature much policymaking, and there are rules about how quickly the government can implement big changes. But there’s a way for President Trump to pull off a major, last-minute policy change — and drug industry lobbyists are worried, given his campaign trail rhetoric on lowering drug prices, he just might.The policy at issue, they say, is known as a “most favored nations” policy. It would drastically cut how much the U.S. pays for injectable drugs by tying reimbursement to lower prices paid in some other countries. The drug industry hates the idea, and says the policy would virtually decimate innovation. Nicholas Florko STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.center_img Washington Correspondent Nicholas Florko reports on the the intersection of politics and health policy. He is the author the newsletter “D.C. Diagnosis.” @NicholasFlorko President Trump Alex Brandon/AP What is it? Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Log In | Learn More GET STARTED Tags Donald Trumpdrug pricingpolicySTAT+last_img read more

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Survey: ABC members invest $1.6B annually in workforce development

first_imgAccording to the results of Associated Builders and Contractors’ 2019 Workforce Development Survey, ABC members invested $1.6 billion to educate their employees in 2018, up from $1.1 billion in 2013. The 45% increase in spending resulted in nearly twice as many course attendees—more than 980,000—receiving craft, leadership and safety education to advance their careers in commercial and industrial construction.“The increase in spending on education demonstrates ABC member contractors’ commitment to developing employees, which is producing results in recruiting and retaining a skilled, safe and productive workforce,” said Greg Sizemore, ABC’s vice president of health, safety, education and workforce development. “With more than 90% of members reporting a worker shortage and construction spending at near-record highs, this is the time to invest in our people, expand career opportunities and secure the workforce of the future.”ABC member contractors invest an average of $117,679, or 8.3% of payroll, on workforce development and education annually. Safety education accounted for the greatest share of spending at 48%, or $1,306 per employee. ABC contractor members provided safety education to nearly 600,000 course attendees in 2018.Trade/craft personnel accounted for more than two-thirds of those receiving education. On average, member construction firms invest in trade/craft education for 122 employees per year at a per-person cost of $2,377. The vast majority of ABC member contractors—85%—use on-the-job training as part of their workforce development program for trade/craft employees. In addition, the number of employees enrolled in U.S. Department of Labor-registered and industry-recognized apprenticeship programs at member companies has doubled since 2013.  Overall, 30% of education was targeted at senior leaders, project managers and field managers/superintendents. The use of online education doubled from less than 10% in 2013 to more than 20% in 2018.The survey also documented member contractors’ efforts to recruit workers across a broad demographic, including women, current high school and college students, active military and veterans, and people re-entering the workforce. Women in craft professional roles increased from 3% of the workforce to 12% between 2013 and 2018.ABC estimates that 8.2 million people were employed by the U.S. construction industry last year, and an additional 500,000 people will need to be hired in 2019 to meet the current backlog of construction projects—which stood at to 8.8 months in February 2019, according to ABC’s Construction Backlog Indicator—and future spending expectations. ABC’s latest Construction Confidence Indicator found that nearly 70% of contractors expect to increase staffing levels in the next six months.Industry consulting firm FMI conducted the 2019 Workforce Development Survey to quantify the scope of workforce development initiatives by ABC member contractors. The survey was conducted from Jan. 8 to Feb. 19, 2019, and the response rate was 7%. Aggregated data was derived by calculating the average amount spent on education by each respondent and multiplying that by the total number of ABC contractor members.last_img read more

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Team Shield wins 2015 UWF volleyball intrasquad scrimmage

first_imgPENSACOLA, Fla. – The University of West Florida volleyball team played its annual intrasquad scrimmage in the UWF Field House on Friday, April 17. West Florida is coming off a 2014 fall season that saw the team reach the NCAA South Regional Tournament for the ninth straight season. “This intrasquad scrimmage was a great culmination of an incredibly productive spring season,” head coach Melissa Wolter said. “Our players were looking forward to it all week and the spectators saw a great five-set match.” Team Shield came out on top in the intrasquad match with a 3-2 victory over Team Argo. UWF redshirt freshman Jade Jones (Tallahassee, Fla./Leon HS) led Team Shield offensively with 15 kills at a .278 clip while sophomore Corisha Smith (Inwood, W.Va./Musselman HS) added 14 kills with 12 digs on the night. Jones was consistent throughout the match and had an impressive fifth set with four kills off five swings at a .800 clip. Jones also added seven blocks in the win with three blocks in the second set. “Team Shield started off slow but finished strong,” Wolter said. “After they made the push to take the match to a 5th set, they completely controlled the outcome. They exhibited great offensive power in having multiple players contribute to the win. Monique StCyr did a great job of spreading the ball around keeping the opposing defense off balance.” UWF senior Autumn Duyn (Venice, Fla./Venice HS) led Team Argo offensively on the night with 15 kills while redshirt junior Kathryn Torre (Highland, Ill./State College of Florida) added 14 kills at a .300 clip with four blocks in the match. Torre came alive in the third set tallying seven kills off 10 swings with only one error at a .500 clip. Sophomore Holly Mattmuller (Venice, Fla./Venice HS) also had a productive night offensively with 12 kills at a .244 clip while adding 13 digs. “Team Argo played great volleyball throughout the match, but didn’t close out that fourth set which really hurt them in the end,” Wolter said. “Autumn (Duyn) played steady throughout and Kat (Torre) had some moments of brilliance. Unfortunately, it wasn’t enough to bring home the win.” UWF freshman setter Monique StCyr (Williamsburg, Va./Jamestown HS) had 43 assists for Team Shield and also tallied five kills and an impressive 21 digs in the win. Redshirt freshman Hannah Beach (Birmingham, Ala./Oak Mountain HS) had 44 assists for Team Argo and added three kills and 11 digs. West Florida junior Colleen Starrs (West Bloomfield, Mich./Walled Lake Central HS) led Team Shield defensively with 29 digs while Duyn and sophomore Tori Martella (Jacksonville, Fla./Providence HS) both had 22 digs in the match to lead Team Argo defensively. The West Florida volleyball program has won six Gulf South Conference championships in program history and has had nine AVCA All-America selections since the program began in 2000. Head coach Melissa Wolter was named the AVCA South-Region Coach of the Year in 2012 and is a four-time GSC Coach of the Year. For information on all UWF athletics, visit www.GoArgos.com. #ARGOS# Team Argo#   NameClassPosition2Tori MartellaSo.DS/L3Kathryn TorreJr.MB6Hannah BeachFr.RS/S9Emily Cosgrove  RFr.MB11Autumn DuynSr.OH12Holly MattmullerSo.OHTeam Shield#NameClassPosition1Monique StCyrFr.S5Jade JonesFr.MB8Colleen StarrsJr.DS/L10Cora BidlackSo.OH16Corisha SmithSo.OH17Katy Kuhlmeier           Fr.OH Print Friendly Versionlast_img read more

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