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Candid-Curve-5376 (u/Candid-Curve-5376) - Reddit
Main Post: Candid-Curve-5376 (u/Candid-Curve-5376) - Reddit
H.R. 5376, the Build Back Better Act, now includes $5 BILLION in so-called Community Violence Intervention, or CVI, funding for gun control | Vote Imminent
Main Post: H.R. 5376, the Build Back Better Act, now includes $5 BILLION in so-called Community Violence Intervention, or CVI, funding for gun control | Vote Imminent
Top Comment:
How exactly does money equal more laws? This isn’t an argument, I’m just not educated. Will this fund more lobbying? The ATF? Will the money be used to better enforce laws that already exist?
HR 5376 Build Back Better is Passed in the House
Main Post: HR 5376 Build Back Better is Passed in the House
Top Comment:
Oh boy if this passes as is it be the biggest win the dems had for a long time.
USGS gets $23.5-mil if HR 5376 (Build Back Better) passes.
Main Post: USGS gets $23.5-mil if HR 5376 (Build Back Better) passes.
Top Comment:
That's almost nothing.
$5,376 PODS Quote: Cross-Country Move. Good deal?
Main Post:
Wise people of Reddit. I'm moving from TN to PA. My belongings are currently stored in 2 PODS: 16' and 8'. I called PODS to get a quote to move to these two containers to a PA storage facility and they quoted me $4,710 total. Additional info: I pay $368/month to store both pods and eventual home delivery of each container would be $119. I will have to store these for hopefully only one month in PA.
PODS total cost for move, one month of storage, and home delivery: ~$5,316.
After reading this sub, I called 1-800-PACK-RAT. I negotiated the following: $3,700 to move two containers from TN including one free month of storage and eventual home delivery. I'll have to pay to: 1) pay to have the existing containers unloaded at a PODS facility (estimating $400); and 2) hassle with PODS to agree to let them drop their containers at their facility for a couple days. Storage fee are significantly higher for Month 2 onward if that's needed: $681.18; but this isn't apples-to-apples because I'm unsure if the storage costs are higher in PA vs. TN for Pods.
1-800-PACK-RAT total cost for movers, move, one month of storage, and home delivery: ~$4,100
Is this: a) a reasonable approach--unloading and reloading--to save $1,216; and b) a good deal?
EDIT: Totals updated, apologize for title being incomplete.
Top Comment:
The answer to this question is “no.” It’s not a good deal. I got quotes from multiple other vendors. I had PODS price match it. Then I reached out to even more vendors, and PODS wouldn’t go lower. I waited a few weeks and tried again and bingo. The other quote they provided with the price match expired, I owed with the best rate I found (U-haul U-Boxes), and they matched it.
A few things that helped me: build a spreadsheet that contains every part of quotes: storage, storage insurance, transportation, transportation insurance, container drop-off, container redelivery, etc. Don’t forget TAXES. Quite high in TN, and PODS does everything pre-tax while others, like 1-800-PACK-RAT does post-tax.
Anyway, all in TN to NJ (switched from PA) for two containers: $2,900. $2,500 lower than where I started.
Inflation Reduction Act Bonus Credit
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If I'm understanding the bill correctly, there is an additional 10% bonus credit for using domestically produced metal in your solar installation.
The bill would maintain the 10% domestic content bonus for both the PTC and ITC, and a 10% bonus for projects built in certain energy communities with ties to traditional energy resources. To qualify for the domestic content bonus, the taxpayer would have to certify that any steel, iron or manufactured product that is a component of the facility was produced in the United States. For this purpose, a manufactured product would be deemed to have been produced in the United States if not less than the “adjusted percentage” of the total costs of all such manufactured products is attributable to manufactured products (including components) that are mined, produced or manufactured in the United States.
Does anyone know any details about this? How would we certify the domestic origins of the production? Are there any certifications we can look for?
An additional 10% seems quite notable but I don't see much mention of it anywhere.
Top Comment:
That is for commercial installation, not residential.
US Congress passes legislation tying payment for medicines to how well they work
Main Post:
Last month, the US Congress passed a new legislation, H.R.5376 - Inflation Reduction Act of 2022, which contrary to the name, clarifies the process of drug price negotiation between Medicare (largest insurer in the US) and drug manufacturers. But, somewhere within the 273-page PDF document, there is a snippet of text that may have a large impact on the drug development programs going forward -- ie, requiring sponsors to produce comparative effectiveness data proactively.
The StatNews commented that "Buried deep within the Inflation Reduction Act’s drug-price negotiation provisions is language that could open the way to a new era of biomedical breakthroughs and smarter health spending. This language does something Medicare hasn’t tried before: It ties payment for treatments to how well they work. Doing so used to be illegal. But it will now be required for some drugs."
The text in the legislation under Section 1194 (e)(2)(A) reads:
The extent to which such drug represents a therapeutic advance as compared to existing therapeutic alternatives and the costs of such existing therapeutic alternatives.
In other words, the Congress has raised the bar asking for comparative evidence. Thus, clinical studies requiring standard of care or best available option as control arm will become the norm in the coming years. Without that, the drug/biologic may be approved by the FDA but not covered by the largest insurer in the United States, the Medicare program.
________________________________________________
RELEVANT TEXT OF THE LEGISLATION
H.R.5376 - Inflation Reduction Act of 2022 [Link]
Subtitle B—Prescription Drug Pricing Reform
PART 1—LOWERING PRICES THROUGH DRUG PRICE NEGOTIATION
SEC. 11001. PROVIDING FOR LOWER PRICES FOR CERTAIN HIGH PRICED SINGLE SOURCE DRUGS.
(a) PROGRAM TO LOWER PRICES FOR CERTAIN HIGH-PRICED SINGLE SOURCE DRUGS.—Title XI of the Social Security Act is amended by adding after section 1184 (42 U.S.C. 1320e–3) the following new part:
‘‘PART E—PRICE NEGOTIATION PROGRAM TO LOWER PRICES FOR CERTAIN HIGH-PRICED SINGLE SOURCE DRUGS
‘‘SEC. 1194. NEGOTIATION AND RENEGOTIATION PROCESS.
“(e) Factors.—For purposes of negotiating the maximum fair price of a selected drug under this part with the manufacturer of the drug, the Secretary shall consider the following factors, as applicable to the drug, as the basis for determining the offers and counteroffers under subsection (b) for the drug:
“(1) MANUFACTURER-SPECIFIC DATA.—The following data, with respect to such selected drug, as submitted by the manufacturer:
“(A) Research and development costs of the manufacturer for the drug and the extent to which the manufacturer has recouped research and development costs.
“(B) Current unit costs of production and distribution of the drug.
“(C) Prior Federal financial support for novel therapeutic discovery and development with respect to the drug.
“(D) Data on pending and approved patent applications, exclusivities recognized by the Food and Drug Administration, and applications and approvals under section 505(c) of the Federal Food, Drug, and Cosmetic Act or section 351(a) of the Public Health Service Act for the drug.
“(E) Market data and revenue and sales volume data for the drug in the United States.
“(2) EVIDENCE ABOUT ALTERNATIVE TREATMENTS.—The following evidence, as available, with respect to such selected drug and therapeutic alternatives to such drug:
“(A) The extent to which such drug represents a therapeutic advance as compared to existing therapeutic alternatives and the costs of such existing therapeutic alternatives.
“(B) Prescribing information approved by the Food and Drug Administration for such drug and therapeutic alternatives to such drug.
“(C) Comparative effectiveness of such drug and therapeutic alternatives to such drug, taking into consideration the effects of such drug and therapeutic alternatives to such drug on specific populations, such as individuals with disabilities, the elderly, the terminally ill, children, and other patient populations.
“(D) The extent to which such drug and therapeutic alternatives to such drug address unmet medical needs for a condition for which treatment or diagnosis is not addressed adequately by available therapy.
In using evidence described in subparagraph (C), the Secretary shall not use evidence from comparative clinical effectiveness research in a manner that treats extending the life of an elderly, disabled, or terminally ill individual as of lower value than extending the life of an individual who is younger, nondisabled, or not terminally ill.
Top Comment:
The Inflation Reduction Act (Pub. L. 117-169) allows Medicare for the first time to negotiate with drug manufacturers for lower prices.
[more on the topic]
Small molecule drugs are exempt from this process until nine years after their approval date. More complex biologics are exempt until 13 years after approval.
Alright, no tax credit… is it advantageous to just cancel and wait for the 2023 model now (is there any known change documented for the new model year?)
Main Post:
So, haven’t cancelled and don’t expect delivery for months still, but I’m unsure how the model year transition will work now. Does my order ‘ensure’ it’s a 2022 or if they switch to 2023 will that just magically occur? Just gonna cry/drink a bit more about the $7500, but damn it I’mma gettin this car.
In any case, is there known or predicted changes other than just being yet more expensive?
Top Comment:
The inflation reduction act has a transition period for “firm contracts to purchase” that take place in 2022. It’s hard to say what would qualify as such- but perhaps you could convince your dealer to write up a purchase contract for your order
Please Critique! My Wish Was a New Life - Chapter 6 (5376 ...
Main Post: Please Critique! My Wish Was a New Life - Chapter 6 (5376 ...