The Daily Populous

Friday January 29th, 2021 night edition

image for Prescription Drug Prices in the United States Are 2.56 Times Those in Other Countries

Prescription drug prices in the United States are significantly higher than in other nations, with prices in the United States averaging 2.56 times those seen in 32 other nations, according to a new RAND Corporation report.

The gap between prices in the United States and other countries is even larger for brand-named drugs, with U.S. prices averaging 3.44 times those in comparison nations.

While some sensitivity analyses lowered the differences between U.S. prices compared to those in other nations, under all the scenarios overall prescription drug prices remained substantially higher in the United States.

The United States had consistently higher drug prices regardless of how the researchers calculated price indexes and treated outliers in the data.

Recent estimates are that prescription drug spending in the United States accounts for more than 10 percent of all health care spending.

The study was sponsored by the Office of the Assistant Secretary for Planning and Evaluation in the U.S. Department of Health and Human Services.

RAND Health Care promotes healthier societies by improving health care systems in the United States and other countries. »

How Redditors Beat Hedge Funds at Their Own Game(Stop)

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America’s top hedge funds failed to ask these questions.

Say you’re a hedge fund that has determined, through expert analysis, that the future of video-game retail is even bleaker than its present.

That can push the share price past some other hedge fund’s threshold for cutting bait, leading to still more market demand for the once-derided shares, which proceed to surge in value. »

3 in 5 Canadians support universal basic income as high as $30K/year: poll

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According to a new survey by the Angus Reid Institute, 59% of Canadians support proposals for universal basic income programs at $10,000, $20,000 and $30,000 annual income.

The highest amount of support comes from Quebec (66%) and the Atlantic provinces (65%), while the lowest level of support comes from Alberta (42%), the only province with more support against a universal basic income program than for one.

Both Liberal (78%) and NDP (84%) voters are overwhelmingly in favour of basic income. »

AOC demands probe after Robinhood app banned GameStop purchases triggering 90-minute sell-off frenzy

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Shortly after Robinhood banned the purchase of the stock, numerous holders sold off their shares, dropping its price from the mid $300's to $196 per share.

The stock became a battlefield between Reddit investors and hedge fund managers earlier in the week.

Committee investigators should examine any retail services freezing stock purchases in the course of potential investigations - especially those allowing sales, but freezing purchases," she said. »