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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 07, 2016
Page
12
Health officials warn a 22 percent Part B premium jump could affect about 30 percent of Medicare beneficiaries if Congress does not act. Premiums could climb from 121.80 to 149 dollars monthly in January 2017 as costs rise and Social Security COLA remains small.
A BIO campaign titled Innovation Saves defends drugmakers, claiming new therapies save lives and cut overall costs. It spends about 1 to 5 million dollars and argues price controls could deter biotech advances while highlighting Medicare savings and industry reforms amid congressional pressure over EpiPen pricing.
ITT Educational Services closes more than 130 for profit campuses leaving up to 40 000 students stranded and terminating the majority of its 8000 employees The Cedar Rapids campus at 3735 Queen Court SW closed in December 2014 The firm blamed the Education Department for its collapse amid government demands for collateral and ongoing lawsuits by federal and state authorities The company says it denies the allegations and notes its stock once peaked near 129 in 2007
Kinze Manufacturing of Williamsburg will lease a 12,000 square foot hangar at Eastern Iowa Airport after funding its construction. Ownership transfers to the airport with a 25 year term and two optional extensions. Taxiway connector paving also completed.
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