Cuomo, Biden to Promote Family Leave; Massachusetts AG Suggests High Drug Prices May Violate Law

Governor Cuomo and Vice President Joseph Biden will be holding an event in the state on Friday to promote paid family leave and other economic priorities.  Supporters of paid family leave have been informed of the event.    Our coalition members are hoping Governor Cuomo agrees to a more robust proposal for paid leave which will include 2/3 of the wages of workers up to twelve weeks.  Cuomo’s proposal starts at 35% of workers wages and rises only to 50% after a phase-in of four years.  The coalition will hold a press conference during a lobby day in Albany on Tuesday to push for its plan.

*******

Massachusetts Attorney General Maura Healy is the first state attorney general to raise the issue of “unfair trade practices” of drug companies for their exorbitant prices.  She sent a letter to Gilead sciences, makers of Sovaldi and Harvoni, two drugs to treat hepatitis C and costing $84,000- $94,000 for the course of treatment.    Healy says she is investigating to see whether the pricing breaks state laws.  She urges the company to adjust its pricing to make the drugs more accessible.  The company is requesting a meeting with Healy.  The mere threat of legal action may cause problems for companies which see their stocks dive when government officials attack their pricing or suggest some action may be taken.   Also, Healy’s public stance may quickly lead to other state AGs beginning their own investigations, including New York’s Eric Schneiderman.

 

 

Published by

gny53

I have been a senior advocate for most of my career. I was Executive Director of the New York StateWide Senior Action Council and the New York State Alliance for Retired Americans. In 2007-2010 I was the Director of the New York State Office for the Aging

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s