May 8, 2013 |
The drugmaker Pfizer Inc. said Monday that it would begin selling its erectile dysfunction drug Viagra online in hopes of thwarting counterfeit Web-only pharmacies, holding off legitimate competitors, and boosting profits. The pharmaceutical industry will watch this closely because it could change how drugs are bought, paid for, and delivered through the many layers of the current and complicated system. Pfizer will market the drug through viagra.com, but CVS Caremark will handle the online processing and shipping.
May 3, 2013 |
THERE'S A PRICE to pay as the fuel mileage of the cars we drive increases. Increases in miles per gallon mean less gasoline is consumed. That means less fuel-tax revenue for highways. Unless new revenue is found, the result is more potholes and more traffic jams. Many experts believe that we should eliminate the fuel tax and replace it with a user fee based on the number of miles we drive. That's easier said than done given the current political climate around taxes.
April 26, 2013 |
WHEN ED WHITE'S family would drive past Northeast Catholic High School for Boys on Torresdale Avenue, they could easily envision a halo around the building. The image came to mind because of the near-holy reverence Ed had for his alma mater. What was it about that school that Ed White held in such deference? A quiet man of few words, Ed might have had trouble putting his feelings into words, but his family attributed it to the gratitude he had for the education he received there, and his deep respect for the Oblates of St. Francis de Sales who run it. Whatever it was, Ed continued to serve the school long after he graduated in 1955.
April 25, 2013 |
WEST, Texas - From money, food and clothing to new appliances and crews armed with chain saws, help is pouring into the tiny Texas town where a fertilizer plant exploded. As the donations come in, how long and how much it will take for West to come back aren't yet known. Residents have just started burying the 14 people who died in last week's blast and some don't yet know what happened to their homes. They're struggling to replace missing medications and documents. Others are just starting to work with insurance companies to figure out how much money they'll get for repairs.
March 28, 2013 |
WASHINGTON - A new study finds insurance companies will have to pay out an average of 32 percent more for medical claims on individual health policies under President Obama's health-care overhaul. That could mean higher premiums for at least some Americans - those who are uninsured or who buy policies directly from an insurance company. But for those with an employer plan, like most workers and their families, odds are they won't have much to worry about. The administration is questioning the Society of Actuaries' study, saying that it doesn't give a full picture - and that costs will go down.
March 22, 2013
By Kathleen Sebelius This week marks the third anniversary of the Patient Protection and Affordable Care Act. For Pennsylvanians, that means a health-care system that is stronger than it was three years ago, and a future that looks even brighter. Pennsylvanians who have health insurance have benefited from market reforms and consumer protections under the law. Preventive services like mammograms and flu shots are newly accessible to 3.2 million people with private plans. More than 220,000 of the state's Medicare beneficiaries have saved an average of $753 on their medications.
March 14, 2013 |
TRENTON - It was a late-afternoon panel of disaster, insurance, and recovery experts speaking in a committee room far from the Shore, but the sobering message Tuesday was aimed squarely at the state's vulnerable edge: Your way of life may be as tenuous as your house was during Sandy. " Retreat is a bad word," said Judd Schechtman, a graduate fellow at the Rutgers University School of Planning and Public Policy. " Retreat has a very negative connotation, especially in New Jersey.
March 5, 2013
S TEPHEN GILL AND Zachary Robbins, both 26 and of Center City, cofounded Leadnomics in 2007 while classmates at Rowan University in Glassboro, N.J. The company, now based in the Cira Centre next to 30th Street Station, generates leads for banks and insurance companies with online advertising campaigns. The fast-growing company employs 35. I spoke with Gill. Q: How's the business model work? A: We own a portal, a micro-content website for auto insurance. Cheapquotesdirect.com is one such site.
February 21, 2013 |
NEW DELHI - Factories were attacked, vehicles were burned, and a man was crushed to death by a bus in India on Wednesday at the start of a two-day trade union strike to protest price increases, low wages, unemployment, and the government's economic reform measures. The man killed by the bus was a trade union leader in the city of Ambala. Authorities said he squatted on the ground in the path of a bus in an attempt to keep the buses from moving, then was fatally injured. Across India, millions of workers from banks, factories, and the transportation industry did not report to their jobs because of the strike, which is likely to cause an economic loss of up to $4 billion over two days, the Associated Chambers of Commerce and Industry of India says.
February 17, 2013 |
If you've even glanced at the fine print in a typical homeowners insurance policy, you might have seen reference to damage-causing events that would seem to be, well, out of this world. Events Friday in Russia prompt the now-real question: Does your policy cover meteor strikes? "Insurance companies love to cover things that are unlikely to happen," Bill Wilson, associate vice president of education and research with the Independent Insurance Agents & Brokers of America, said in an e-mail.