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Tag: plan

Could Trump's plan for lowering prescription drug prices work?

Could Trump's plan for lowering prescription drug prices work?

Health
This is a Kaiser Health News story. President Donald Trump’s new pledge to crack down on “the global freeloading” in prescription drugs had a sense of déjà vu. Five months ago, Trump unveiled a blueprint to address prohibitive drug prices, and his administration has been feverishly rolling out ideas ranging from posting drug prices on television ads to changing the rebates that flow between drugmakers and industry middlemen. Thursday, Trump proposed having Medicare base what it pays for some expensive drugs on the average prices in other industrialized countries, such as France and Germany, where prices are much lower. The proposal is in the early stages of rule-making and awaiting public comments. The U.S., Trump said, will “confront one of the most...
Russia nuclear treaty: Gorbachev warns Trump plan will undermine disarmament

Russia nuclear treaty: Gorbachev warns Trump plan will undermine disarmament

World
Former Soviet President Mikhail Gorbachev says US President Trump's plan to withdraw from a key Cold War nuclear weapons treaty is a reversal of efforts to achieve nuclear disarmament. Mr Gorbachev - who signed the Intermediate-Range Nuclear Forces (INF) treaty with President Reagan in 1987 - questioned the plan's intelligence.Mr Trump said Russia had been "violating [the INF] for many years".Russia has condemned the plans and threatened to retaliate.The Kremlin said President Vladimir Putin would be seeking an explanation from visiting US National Security Adviser John Bolton.Germany was the first US ally to criticise the move, with Foreign Minister Heiko Maas urging Washington to consider the consequences both for Europe and fo...
Open enrollment for Medicare is set to start. How to pick the best plan

Open enrollment for Medicare is set to start. How to pick the best plan

Finance
If you're on Medicare, it's time to give your coverage a yearly checkup. The program's annual enrollment period runs from Oct. 15 through Dec. 7, which is when you can make coverage changes that will take effect Jan. 1. During this autumn window, you can: • Switch to an Advantage Plan (Part C) from original Medicare (Part A hospital coverage and Part B outpatient coverage);• Switch to original Medicare from an Advantage Plan;• Move from one Advantage Plan to another;• Move from one prescription drug plan (Part D) to another, or purchase one if you did not when first eligible. ...
Ujjivan begins succession plan, Samit Ghosh to retire in Nov 2019

Ujjivan begins succession plan, Samit Ghosh to retire in Nov 2019

Finance
KOLKATA: Ujjivan Small Finance Bank has begun its succession planning because its founder-cum-chief executive Samit Ghosh is scheduled to retire in November next year. The bank has shortlisted half a dozen candidates for the CEO’s position and is planning to submit a list of three candidates to the Reserve Bank of India by December for its approval. Succession planning, or the absence of it, has been a weak spot in Indian banking, and there are no dearth of examples with the government-owned banks leading the pack. The delicate issue of succession has been highlighted in case of Axis Bank, ICICI Bank and Yes Bank as their chiefs have exited, or are on their way out. “We would like to appoint the new CEO in such a way that there should not be more than six months of overlap,&rdq...
Unilever cancels controversial UK exit plan

Unilever cancels controversial UK exit plan

Business
Anglo-Dutch consumer goods giant Unilever has cancelled plans to move its main headquarters from London to Rotterdam after Brexit. The Marmite-maker presently has two parent holding companies: Unilever plc, whose shares are listed in London and New York; and Unilever NV, which is based in Rotterdam and whose shares are listed in Amsterdam and New York.Under the proposals, shares of Unilever plc would have been replaced with one new share in Unilever NV, while the two parent holding companies would be replaced simply by Netherlands-based Unilever NV.After resistance from shareholders, however, the company will instead retain both its headquarters in the UK and the Netherlands.Sky News City editor Mark Kleinman described the decision as a "humiliating climbdown for the board ...