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U.S. to Corinthian Colleges: Forgive $500 million in student loans

Business News - 5 hours 45 sec ago
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FBI launches a face recognition system

Business News - 5 hours 2 min ago
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U.S. ready to take lead in Ebola fight

CNN - 5 hours 10 min ago
Combating the Ebola outbreak is a "national security priority" because it's spread could lead to dangerous instability in West Africa and beyond, President Barack Obama said Tuesday.
Categories: National News

Awkward: Sears borrows $400M from its CEO

Business News - 5 hours 21 min ago
Talk about awkward. Sears secured a $400 million loan this week from a hedge fund whose sole shareholder is the struggling retailer's chairman, CEO and leading investor.

500 migrants die when human smugglers rammed boat

CNN World - 5 hours 41 min ago
Witnesses say as many as 500 migrants died in the Mediterranean Sea when their boat was intentionally sunk by people traffickers, the International Organization for Migration said Tuesday.
Categories: International News

U.S. poverty rate drops for first time since 2006

Business News - 5 hours 42 min ago
There's not much good news for working Americans struggling to rebound from the recession, except perhaps this: the U.S. poverty rate is finally on the decline.

As Insurers End Coverage for Compounded Drugs, Patients Struggle

Lifestyles - 5 hours 49 min ago
Five words or less

(NewsUSA) - It's a David-vs.-Goliath dispute, and millions of patients are caught in the middle -- perhaps even unaware they're about to lose coverage for the compounded medications they need for their conditions.

At issue are the customized medications pharmacists prepare for patients who can't metabolize or tolerate commercial drugs. Compounded medicines often are the only option for doctors treating certain children and seniors, patients coping with the pain of cancer and diabetes, and those with liver or kidney diseases.

In one corner: powerful insurance companies and pharmacy benefit managers (PBMs) hell-bent on saving money by eliminating or cutting coverage of those medications.

In the other corner, fighting to reverse their moves: a coalition of patients, physicians, pharmacists and pro-patient groups like the Veterans Advocacy Group of America, the Kidney Cancer Association and the Arthritis Foundation.

"This is about shifting costs to patients," says Jay McEniry, executive director of Patients and Physicians for Rx Access (saverxaccess.org). "Physicians are being placed in the impossible position of either prescribing a compounded medication the patient needs but can't afford, or prescribing a less effective treatment because it may be covered by the patient's insurance."

The list of "Goliaths" who've announced or already implemented such cutbacks now includes United Healthcare/Optum Rx, Catamaran, CVS/Caremark, Harvard Pilgrim and Blue Cross Blue Shield plans in several states.

But the coalition's immediate wrath is directed at the nation's largest PBM: Express Scripts, which in September is slated to stop covering 1,000 drug ingredients commonly found in compounded medications -- effectively "eliminating an entire class of medications," says McEniry.

Express Scripts and others argue that commercial drugs can do the job just as well for less money. But try telling that to patients like Linda Sauer.

The Dwight, Illinois, woman relies on her doctor-prescribed compounded medications for relief from several painful and debilitating conditions, and is outraged that Express Scripts' decision leaves her no choice but to pay for them out of pocket.

"They're denying me access to medicines that work better than the mass-produced drugs I've tried," she says. "It will cost me and others hundreds of dollars per month."

Sauer at least has read the advisory notice from Express Scripts, which the coalition claims gives "misleading reasons" for targeting what it calls "essential medicines" whose ingredients are purchased from FDA-regulated suppliers. But what of patients who didn't?

Sadly, they're in for a shock the next time they try to fill a prescription.

Top Wal-Mart exec resigns amid resume flap

Business News - 6 hours 9 min ago
A senior spokesman at Wal-Mart has resigned after the company found out he did not have the college degree he claimed to have.

Netflix and Judd Apatow are in "Love"

Business News - 6 hours 19 min ago
Netflix and Judd Apatow are going to make "Love."

America's largest pension ditches hedge funds

Business News - 6 hours 22 min ago
America's largest pension fund is saying goodbye to hedge funds.

I lost my home and moved across town

Business News - 6 hours 23 min ago
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Senator willing to shut down government over Syria war vote

CNN - 6 hours 36 min ago
As the pounding of war drums intensifies against ISIS and its advances in Iraq and Syria, at least one senator is voicing opposition to plans to arm Syrian rebels and says he's willing to shut down the government over it.
Categories: National News

Mercedes AMG wagon truly hauls

Business News - 6 hours 50 min ago
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151 years later, Medal of Honor for Alonzo Cushing, Civil War hero

CNN - 7 hours 13 min ago
"Faithful unto death."
Categories: National News

See rare deep-sea creature

CNN - 7 hours 15 min ago
Researchers captured deep-sea high-definition footage of what is believed to be a siphonophore.
Categories: National News

'No Good Deed' opens at No. 1

CNN Entertainment - 7 hours 18 min ago
A tense thriller and a family-friendly sequel bumped "Guardians of the Galaxy" from the top of the weekend's box office.
Categories: Entertainment News

Kim Kardashian met her 'SNL' double

CNN Entertainment - 7 hours 25 min ago
Former "Saturday Night Live" cast member Nasim Pedrad gets a real thrill dressing as Aziz Ansari.
Categories: Entertainment News

Schizophrenia is really 8 disorders

Health - 7 hours 39 min ago
What we know -- and psychiatrists have diagnosed for decades -- as schizophrenia may really be eight separate diseases, research published in The American Journal of Psychiatry suggests.
Categories: Health

General open to U.S. ground troops to fight ISIS

CNN - 8 hours 4 min ago
U.S. Defense Secretary Chuck Hagel and Army Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, warn Congress about the looming threat ISIS poses.
Categories: National News

 

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