Merck is suing the Department of Health and Human Services over Medicare’s new powers to reduce drug prices under the Inflation Reduction Act. In a scathing complaint filed in federal district court, Merck criticized the negotiation process as a “false” and “amounting to extortion.” Merck has asked the US District Court for the District of Columbia to prevent HHS from forcing the company into a deal that cuts prices. Jakub Porzycki | Nur picture | Getty Images Global drugmaker Merck on Tuesday sued the Biden administration over Medicare’s new powers…
Read MoreTag: The social issues
Here’s how AI-powered tools can help with worker stress and mental health
Companies are turning to AI-powered mental health tools to help workers deal with stress and burnout. Half of workers experience symptoms of anxiety and more than half of workers have symptoms of depression, according to a recent Deloitte survey. While workers want their employers to offer more mental health resources, it may be easier for them to chat with AI chatbots than other humans. Metamorphic | Stocks | Getty Images From burnout to layoff fears, from rising costs to an impending recession, there are many reasons why workers are stressed…
Read MoreSocial Security, Medicare, Federal Salaries: What payments can be delayed if the debt ceiling stalls
The US reached its debt ceiling, or debt limit, in January. The nation could run out of money to pay all of its bills as soon as June 1, the so-called “X-date.” The government would not be able to pay everyone on time. It would likely prioritize payments to investors holding US Treasuries, to avoid a “technical default.” Payments like Social Security, Medicare, tax refunds, military paychecks, and others would likely be delayed. Democrats and Republicans have not yet reached an agreement to raise or suspend the debt ceiling and…
Read More