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Handel On The Law

Big Pharma, Taxing Ride Sharers, and Sperm Donor Laws

Handel On The Law

KFI AM 640

News

4.3879 Ratings

🗓️ 13 July 2019

⏱️ 97 minutes

🧾️ Download transcript

Summary

Bill offers up his marginal legal advice. Did you know that Bill specialized in sperm donor law? Well, now you do!

Transcript

Click on a timestamp to play from that location

0:00.0

This is handle on the law.

0:17.5

Marginal legal advice, where I tell you, you have absolutely no case.

0:22.7

Oh, here is a fun lawsuit.

0:25.9

Three of the nation's biggest drug manufacturers are suing the Trump administration to block a rule

0:33.3

that would force them to put the price of their drugs in TV advertising starting this summer.

0:39.7

One of the things that Donald Trump did when he was running campaigning for president,

0:44.9

he says, I'm going to do something about the high cost of pharmaceutical drugs.

0:50.0

And he actually, and the administration has actually done exactly that.

0:54.2

And that is push for this particular bill, a particular rule.

0:59.1

And what it says is when they do the TV commercial and, you know, half the commercial are disclaimers.

1:05.4

You know, you'll get liver cancer.

1:07.4

You'll never be able to breathe again.

1:09.1

Your genitals will fall off, oily stools,

1:12.6

chance of death, you know, all that stuff they do. So what the Trump administration said was,

1:18.1

guess what you also get to do is to put the retail price of drugs at the bottom. And these drug makers,

1:25.7

Merck, Eli, Lilly, Amgen, some of the biggest ones,

1:28.8

are suing that that not happened, arguing that that would mislead consumers because insurers

1:38.0

often cover the bulk of a drug's cost. So not necessarily everybody has to pay that amount of money. Wow. Well, here is a

1:48.8

quick one. Here's the retail price of the drug and one line underneath it saying insurers may

1:57.9

pay a portion or all of this drug. That's it. Conversation over, no one can be

2:06.0

misled. And in a statement, oh, God, I love this. Merck, who has a cancer drug, which is

2:13.9

insanely costly, this is a statement by Merck. We believe the new requirements may

...

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