CMS Announces First 10 Part D Negotiated Drug Prices

Agent Survival Guide Podcast

The Friday Five for August 23, 2024:

• Ritter Insurance Marketing Summits Next Week
• Instagram Testing Rectangular Profile Grid
• FTC Ban on Noncompete Agreements Overturned
• "Time is Money" Initiative from Biden-Harris Administration
• CMS Announces First 10 Part D Negotiated Drug Prices

Contact the Agent Survival Guide Podcast! Email us [e-mail] or call 1-717-562-7211 and leave a voicemail.

Register for Ritter Insurance Marketing Annual Summits: https://summits.ritterim.com/

Instagram Testing Rectangular Profile Grid:

Hutchinson, Andrew. “Instagram Chief Flags Coming Changes to Profile Grid Displays.” Social Media Today, Social Media Today, 18 Aug. 2024, www.socialmediatoday.com/news/instagram-chief-flags-coming-changes-profile-grid-displays/724532/.

Moon, Mariella. “Instagram’s Experimental Profile Grid Has Rectangular Images Instead of Squares.” Engadget, Engadget, 17 Aug. 2024, www.engadget.com/social-media/instagrams-experimental-profile-grid-has-rectangular-images-instead-of-squares-160007086.html.

Mishra, Prakruti. “Instagram Explores Vertical Profile Grid in Shift from Classic Squares.” Business Standard, Business Standard, 19 Aug. 2024, www.business-standard.com/technology/tech-news/instagram-explores-vertical-profile-grid-in-shift-from-classic-squares-124081900317_1.html.

Peters, Jay. “Instagram Is Testing Vertical Profile Grids - and Knows That Might Mess up Layouts.” The Verge, The Verge, 16 Aug. 2024, www.theverge.com/2024/8/16/24222022/instagram-vertical-profile-grids-mess-up-layouts.

FTC Ban on Noncompete Agreements Overturned:

“FTC’s Bid to Ban Noncompete Agreements Rejected by Federal Judge in Texas.” Dallas News, 21 Aug. 2024, www.dallasnews.com/news/2024/08/21/ftcs-bid-to-ban-noncompete-agreements-rejected-by-federal-judge-in-texas/.

Freedman, Robert. “FTC Exceeded Its Authority with Noncompete Ban, Judge Says.” Legal Dive, Legal Dive, 21 Aug. 2024, www.legaldive.com/news/ftc-exceeded-authority-noncompete-ban-judge-ada-brown/724871/.

Stoddart, Michelle, and Elizabeth Schulze. “FTC Ban on Worker Noncompete Agreements Blocked by Federal Judge.” ABC News, ABC News Network, 20 Aug. 2024, abcnews.go.com/Politics/federal-trade-commissions-ban-worker-noncompete-agreements-blocked/story?id=113001832.

Hsu, Andrea. “Federal Judge Throws out U.S. Ban on Noncompetes.” NPR, NPR, 21 Aug. 2024, www.npr.org/2024/08/21/g-s1-18376/federal-judge-tosses-ftc-noncompetes-ban.

Weatherbed, Jess. “The FTC’s Noncompete Agreements Ban Is Blocked.” The Verge, The Verge, 21 Aug. 2024, www.theverge.com/2024/8/21/24225112/ftc-noncompete-agreement-ban-blocked-judge.

“Time is Money” Initiative from Biden-Harris Administration:

“Biden-Harris Administration Announces Broad New Actions to Protect Consumers from Billions in Junk Fees.” The White House, The United States Government, 11 Oct. 2023, www.whitehouse.gov/briefing-room/statements-releases/2023/10/11/biden-harris-administration-announces-broad-new-actions-to-protect-consumers-from-billions-in-junk-fees/.

Haslett, Cheyenne. “Canceling Subscriptions Should Be as Easy as Signing up, Newly Proposed Federal Rule Says.” ABC News, ABC News Network, 12 Aug. 2024, abcnews.go.com/Politics/canceling-subscriptions-easy-signing-new-federal-rule/story?id=112724977.

“Fact Sheet: Biden-Harris Administration Launches New Effort to Crack down on Everyday Headaches and Hassles That Waste Americans’ Time and Money.” The White House, The United States Government, 13 Aug. 2024, www.whitehouse.gov/briefing-room/statements-releases/2024/08/12/fact-sheet-biden-harris-administration-launches-new-effort-to-crack-down-on-everyday-headaches-and-hassles-that-waste-americans-time-and-money/.

Rosalsky, Greg. “The White House Plan to Stop Companies from Wasting Our Time.” NPR, NPR, 20 Aug. 2024, www.npr.org/sections/planet-money/2024/08/19/g-s1-17604/the-white-house-plan-to-stop-companies-from-wasting-our-time.

CMS Announces First Part D Negotiated Drug Prices:

“Factsheet: Medicare Drug Price Negotiation Program.” CMS.Gov, Centers for Medicare & Medicaid Services, Aug. 2023, www.cms.gov/files/document/fact-sheet-medicare-selected-drug-negotiation-list-ipay-2026.pdf.

“Fact Sheets Medicare Drug Price Negotiation Program: Negotiated Prices for Initial Price Applicability Year 2026.” CMS.Gov, Centers for Medicare & Medicaid Services, 15 Aug. 2024, www.cms.gov/newsroom/fact-sheets/medicare-drug-price-negotiation-program-negotiated-prices-initial-price-applicability-year-2026.

“HHS Selects the First Drugs for Medicare Drug Price Negotiation.” HHS.Gov, Department of Health & Human Services, 8 Feb. 2024, www.hhs.gov/about/news/2023/08/29/hhs-selects-the-first-drugs-for-medicare-drug-price-negotiation.html.

“Negotiating for Lower Drug Prices Works, Saves Billions.” CMS.Gov, Centers for Medicare & Medicaid Services, 15 Aug. 2024, www.cms.gov/newsroom/press-releases/negotiating-lower-drug-prices-works-saves-billions.

Resources:

2025 Maximum Broker Commissions for Medicare Advantage & Medicare Part D Update: https://link.chtbl.com/ASGN20240808

CMS Announces Part D Savings & 2026 Maximum Fair Prices for First 10 Medicare-Negotiated Drugs: https://ritterim.com/blog/cms-announces-part-d-savings-and-2026-maximum-fair-prices-for-first-10-medicare-negotiated-drugs/

How Insurance Agents Can Use Stories to Sell Insurance: https://link.chtbl.com/ASG613

LinkedIn Basics for Insurance Agents: https://link.chtbl.com/ASG612

Supreme Court Overrules Chevron Deference: https://link.chtbl.com/ASGF20240705

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