Video & Transcript Research : 'pricing algorithms'

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TX

Texas 89th 2nd C.S.

Insurance Apr 9th, 2025

Insurance

Transcript Highlights:
  • If you, if you're talking about a markup from the 340B price, yeah, you could have a price that's double
  • So the patient's getting the good price, but not the employer.
  • We still give 340B pricing to covered entities when they order it.
  • So there's a little bit of a transparency problem, a pretty big price kind of price gouging problem on
  • Number one, they negotiate the drug prices with the manufacturers.
US
Transcript Highlights:
  • Senator Cortez Masto has a bill, the Price Act, which would help up...
  • If prices are up and building is up, then we know demand is to blame.
  • If prices are up and building is down, then it's a supply problem.
  • It reflects both the price of housing and the mortgage rates.
  • We believe as economists that people respond to prices.
Summary: The committee meeting focused on addressing the significant issue of affordable housing in America. Members expressed concern over the persistent barriers faced in the housing sector, despite substantial government investment aimed at alleviating these issues. It was highlighted that government interference plays a critical role in complicating the housing landscape, and discussions revolved around potential legislative approaches to mitigate these challenges. Several witnesses provided testimony, contributing to a thorough exploration of the topic.
MN

Minnesota 2025-2026 Regular Session

Committee on Finance - 03/11/26

Finance

Transcript Highlights:
  • prices in October 25. prices in October 25.
  • Think about higher gasoline prices, higher natural gas prices, but it's also going to have some significant
  • <00:42:38.800> shock an energy price shock an energy price shock will<00:42:40.640> have
  • > uh<00:42:57.160> higher higher gasoline prices, uh higher higher gasoline prices, uh
  • Higher input costs for diesel fuel, diesel fuel prices are higher.
Keywords: 1187, senate, all
AR

Arkansas 2026 1st Special Session

CODE REVISION COMMISSION Apr 9th, 2026

CODE REVISION COMMISSION

Transcript Highlights:
  • Next item is consideration of Lexus pricing and replacement volume proposal, and I believe we have two
  • Yes, I'm just curious: how do these prices compare to prices for these volumes for the public?
  • These are the public prices. Okay, so the state has the same pricing as any other?
  • But there's not two sets of pricing. Senator Tucker, you're recognized for a question.
  • Is there a motion to approve the price and the volumes for replacement for '26 and '27?
Summary: The commission first approved the prior meeting minutes and then adopted the annual authorization for expense reimbursement for commissioners performing official duties under Arkansas Code 25-16-902. Members noted that legislative commissioners would not receive reimbursement for the meeting day if they were already in session and receiving legislative per diem. The commission then heard a LexisNexis proposal for pricing increases and replacement volumes for Arkansas Code publications. LexisNexis said the proposed increase was about 7 percent, citing higher costs and the producer price index, and recommended replacing three volumes in 2026 and four in 2027 based on supplement size and the age of the volumes. Members asked about public pricing, the basis for selecting replacement volumes, and whether a statewide contract for judicial legal research services might be possible; LexisNexis said it would connect the senator with its sales team. The commission approved the pricing and replacement volume proposal. Staff also provided an update on the codification project for state treasury funds. The project will move duplicative fund-creation language into Title 19 only, repeal duplicate provisions elsewhere in the code, and be presented later as a technical corrections bill. Members discussed whether any funds appeared obsolete and whether future legislation could eliminate unused funds, and staff said DFA maintains a list of obsolete funds that could be included in future cleanup work. The chair said the commission would likely meet again in the fall to consider technical corrections, and the meeting adjourned.
AR

Arkansas 2026 1st Special Session

CODE REVISION COMMISSION Apr 9th, 2026

CODE REVISION COMMISSION

Transcript Highlights:
  • Yes, I'm just curious: how do these prices compare to prices for these volumes for the public?
  • These are the public prices. Okay, so the state has the same pricing as any other.
  • But there's not two sets of pricing. Senator Tucker, you're recognized for a question?
  • Is there a motion to approve the price? All right.
  • Is there a motion to approve the price and the volumes for replacement for '26 and '27?
Keywords: 1204, all
CA
Transcript Highlights:
  • price ceiling.
  • You could lower electricity prices for all households between 10 to 15%.
  • And that's exactly why the of the market and market pricing. You let market pricing solve all that.
  • No, just let the market, you know, set the price.
  • Are they paying less than the full price for their fire service?
Keywords: 988, house, all
MN
Transcript Highlights:
  • It's the 340B drug pricing program.
  • Uh and then prices are going up by 40%.
  • I'd never heard of it pricing program.
  • <00:05:06.080> on we should be negotiating drug prices on we should be negotiating drug prices
  • There are lots of price of a new home.
Keywords: 1187, senate, all
NM

New Mexico 2025 Regular Session

IC - Mortgage Finance Authority Act Oversight Jul 21st, 2025

Mortgage Finance Authority Act Oversight Committee

Transcript Highlights:
  • That is 4% of the sales price of the house. So I'll just use $300,000 as the sales price.
  • sales price in this area is $297,000.
  • The column on the right would equal housing at a price that's a price above where you would probably
  • I still want to assume a small price reduction in the price of the raw land piece.
  • So that's how he came up with that price.
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on Telecommunications, Utilities and Energy Jun 21st, 2026 at 01:00 pm

Joint Committee on Telecommunications, Utilities and Energy

Transcript Highlights:
  • You get good price competition.
  • Why is this price so much lower than the price at 6 p.m.?
  • Price spike later in the evening.
  • When those prices spike, everyone suffers.
  • Our over-reliance on natural gas, which is subject to price volatility, has led to the high prices.
Keywords: 995, all
Summary: The committee heard testimony on H. 4144, the Governor’s Energy Affordability, Independence, and Innovation Act, with the administration arguing the bill would lower bills in the short and long term while expanding clean energy supply and innovation. The Governor and Secretary said the bill would reduce or restructure charges on customer bills, reform Mass Save, expand securitization as a financing tool, speed interconnection, create energy-ready zones, strengthen consumer protections in competitive supply, and allow broader state procurement of energy resources. They said the package could save consumers billions over time and would help address high energy costs, especially during extreme heat and winter spikes. Committee members pressed the administration on several provisions, especially securitization, asking whether the bill requires an apples-to-apples comparison of total costs over time, including interest and lost tax revenue, versus paying through rates. Administration witnesses said DPU review and public comment would be required and said they would work to clarify the language if needed. Members also questioned the bill’s solar and procurement provisions, including reduced net metering compensation for some large facilities, the scope of all-resource procurements, and whether hydro, solar, and nuclear would be included; the administration said those resources were contemplated and that procurement would still be reviewed by DPU. Other questions focused on the short-term relief from bill changes, the treatment of low- and moderate-income discounts, and whether the bill’s heat pump and Mass Save reforms would help customers who cannot afford upfront costs. Several witnesses and committee members discussed Mass Save reforms, including securitization of program costs, on-bill financing, pre-approval of rebates, and shifting program administration away from gas utilities. Administration witnesses said the changes were intended to reduce volatility, lower administrative costs, and better align costs with long-term savings. Questions also touched on geothermal permitting, municipal participation in offshore wind procurement, and the proposed repeal of the ballot requirement for nuclear power, which the administration defended as preserving future options under heavy review. No votes were taken during the hearing portion described. Supportive testimony came from labor, environmental, business, planning, and development groups. The AFL-CIO, NECA, and the Environmental League of Massachusetts backed the bill, emphasizing lower bills, job creation, labor standards, just transition protections, and cleaner energy. NAIOP, the Massachusetts Business Roundtable, and MAPC supported provisions on energy-ready zones, interconnection reform, microgrids, extreme-heat shutoff protections, and Mass Save improvements. A HEET representative praised the bill’s use of securitization, geothermal, and utility financing tools but urged guardrails and workforce protections. Overall, testimony was broadly favorable, with most witnesses calling for refinements rather than opposing the bill outright.
US

US Federal 2025-2026 Regular Session

Hearings to examine insurance markets and the role of mitigation policies. May 1st, 2025 at 09:00 am

Banking, Housing, and Urban Affairs Committee

Transcript Highlights:
  • High prices are not the only problem.
  • And no private company would sell us fire insurance at any price.
  • Some states have tried to slow rising insurance costs with price caps.
  • What are the short and long-term effects of price caps?
  • I want to shift to insurance pricing to mitigation.
Summary: The meeting reviewed critical issues surrounding the rising costs and accessibility of homeowners insurance across the United States, particularly in light of increasing natural disasters linked to climate change. Members engaged in extensive discussions regarding the implications for families and the economy, citing significant increases in premiums and decreasing availability of policies in high-risk areas. Supervisor Peysko highlighted the direct impact of federal policies on local communities, emphasizing the growing burden on homeowners as they face skyrocketing insurance costs amidst a backdrop of environmental challenges and regulatory constraints. The committee expressed a unified call to action for bipartisan solutions, focusing on improving building codes and enhancing disaster preparedness measures.
TX

Texas 89th Regular

Public Health May 12th, 2025

Public Health

Transcript Highlights:
  • Now the transparent pricing should be easy to accomplish.
  • On healthcare prices, as people were allowed to choose, hiding prices conversely allows bad conduct.
  • I concur with my colleague that lower prices improve healthcare.
  • Improved price transparency architecture, including broadened price disclosure requirements, would eliminate
  • The average price, or average in-network price, SB331 would bring meaningful change to patient shopping
WY

Wyoming 2026 Regular Session

Health Insurance Affordability Task Force, June 17, 2026 - AM

Health Insurance Affordability Task Force

Transcript Highlights:
  • can price your premiums. can price your premiums.
  • It's really the prices.
  • It's really the prices. So, in words. It's really the prices.
  • And so the VA gets the best price out of anybody in terms of drug pricing.
  • terms of drug pricing. terms of drug pricing.
Keywords: 916, all
LA
Transcript Highlights:
  • All of them have a decrease over the next several months in the price of the oil price.
  • On oil prices for the current year, it's $72.69.
  • These prices have run up dramatically. I'm using Moody's April forecast.
  • I suspect they'll have a little bit higher prices.
  • Same with the oil price.
Keywords: 965, house, all
Summary: The Revenue Estimating Conference met with four members present and first approved the December 11, 2025 minutes. Members then recognized the FYI end-of-balance of $577,077,871 as non-recurring revenue. The main business was revising the state revenue forecast for FY 2026, with the Division of Administration recommending a reduction of about $113 million, driven primarily by weaker individual income tax collections, softer general sales tax receipts, and a substantial cut to corporate income tax forecasts. The Legislative Fiscal Office presented a somewhat different but still cautious outlook, and members discussed withholding rates, refund growth, corporate collections, and the effects of the franchise tax repeal and tax reform changes. After questions to the Department of Revenue about collections, refunds, enforcement, and settlements, the conference adopted the Division of Administration’s FY 2026 forecast. The conference then reviewed the FY 2027 recurring forecast. The Division of Administration again recommended a reduction, this time about $104 million, citing continued caution on individual income and corporate taxes, while the Legislative Fiscal Office projected a net increase of about $127 million, largely from sales tax, severance, royalties, vehicle sales tax, and other revenue streams. Members discussed the practical budget impact of the revised forecasts, including the need to reduce spending and the difficulty of funding a possible teacher stipend if a constitutional amendment fails. The FY 2027 recurring forecast was adopted. Members also adopted the long-range forecast, the proposed inflation rates for the Millennium Trust and parish severance allocation, and the incentive expenditure forecast. The incentive discussion noted that reported incentive costs reduce available revenue before appropriations, and members raised the possibility of reviewing or capping such incentives. The Treasurer’s Office then reported that the General Fund cash balance was $404.1 million as of May 5, 2026, and the interfund borrowing base was about $9.18 billion, with cash positions generally similar to the prior year. The meeting ended with a note that another REC meeting might be needed after the May 16 election, followed by adjournment.
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Energy and Telecommunications - 02/03/2026

Energy And Telecommunications

Transcript Highlights:
  • They don’t set the price. Gas sets the price, and gas is a volatile thing.
  • The price of gas sets the price of electricity statewide.
  • The price of gas sets the price of electricity statewide, and it's true nationally as well.
  • They don't set the price. Gas sets the price, and gas is a volatile thing.
  • We talk about the price of energy, and you were talking about the price of energy set by gas.
Keywords: 993, senate, all
Summary: The Standing Committee on Energy and Telecommunications met under Chair Senator Kevin Parker and considered several bills related to clean energy, transmission, storage, schools, and microgrids. Bill 1456, which would require certain watercraft, aircraft, and trains to be zero-emissions and direct NYSERDA studies and incentives, was discussed as technology-neutral and advanced with one no vote to the Finance Committee. Bill 286, increasing statewide energy storage capacity, drew concerns about battery safety, fire risk, and volunteer fire department training, but was advanced to the floor with two no votes. Bill 2482, the Go Green Schools Act, would let schools convert to renewable energy and keep savings for school operations; it advanced to the floor despite concerns about siting solar on school grounds. Bill 2485 on expanding electric transmission lines and Bill 5510 directing NYSERDA to develop microgrid recommendations were both advanced to the Finance Committee, each with one no vote. The committee then heard testimony from Marguerite Wells, executive director of the Alliance for Clean Energy New York. She argued that wind, solar, storage, and transmission have made New York a leader in clean energy and said renewable energy is increasingly cost-competitive, with much of recent bill increases driven by grid upgrades and gas prices rather than renewables. She also said clean energy helps hedge against volatile fossil fuel prices, pointed to community solar and offshore wind as savings and reliability tools, and said the state’s permitting and interconnection processes have improved. Members questioned Wells about farmland use, decommissioning, recycling of solar and wind equipment, battery storage safety, local control, and misinformation. Wells said utility-scale projects require decommissioning plans and financial assurances, farmland must be restored under agricultural guidelines, and recycling capacity is developing. On battery storage, she said New York has rigorous codes and monitoring requirements, that not all storage is lithium-ion, and that state-level permitting is appropriate for large facilities. Several senators raised concerns about fires, contamination, winter performance, and siting projects in densely populated areas or on farmland, while others emphasized farmland protections and the value of renewable projects to host communities.
NM

New Mexico 2025 Regular Session

IC - Legislative Health and Human Services Jul 22nd, 2025

Legislative Health & Human Services Committee

Transcript Highlights:
  • It might be internal reference pricing, or it may be external. reference pricing.
  • . of prices.
  • If you do not have those different pricing models, you can't price them effectively.
  • If you do not have those different pricing models, you can't price them effectively.
  • He's talking about European pricing.
MN
Transcript Highlights:
  • how closure affects commercial prices how closure affects commercial prices being<00:47:10.800><
  • > for<00:48:11.680> patients Higher prices are important for patients Higher prices are
  • /c><00:48:58.240> about<00:48:58.640> 4% their prices. prices go up by about 4% their prices
  • Because if prices go up at surviving hospitals, everyone pays those higher prices, not just people who
  • Part of that is pricing.
Keywords: 918, senate, all
Summary: The Select Subcommittee first took up adoption of three previously prepared nonpartisan committee summary reports dated October 15, November 13, and November 21. Senator Rasmusson objected to the lack of advance notice about the day’s testifiers and criticized the practice of having nonpartisan staff summarize what he described as a partisan agenda. The chair responded that the committee’s purpose is to gather information, not hear bills, and that the summaries were intended as neutral resources for the Senate. Senator Coopek moved adoption, the motion was opposed by Rasmusson and another member, and the motion passed. The committee then turned to the day’s hearing on federal impacts on Minnesota, with the chair focusing on federal funding threats and the effect of congressional budget actions on health care, especially in greater Minnesota. The first presentation came from the Minnesota Department of Health on the state’s rural health transformation work. Assistant Commissioner Carol Broom introduced the team and described the rural hospital transformation program as a major opportunity to invest in rural health, while acknowledging longstanding challenges such as demographics, transportation barriers, and the financing of care. Nitha Moibi outlined the state’s rural health chart book and data showing an aging population, workforce shortages, and many health professional shortage areas, and described proposed strategies including workforce pipelines, bridge payments for low-volume birth hospitals, telehealth access points, mental health urgent care, and chronic disease prevention. Acting Assistant Commissioner Anna Ashby of the Minnesota Management and Budget office explained the state’s application to CMS for the Rural Health Transformation Program, which was created in federal law and awarded Minnesota just over $193 million for federal fiscal year 2026. She said the application was shaped by public comments, stakeholder meetings, and legislative outreach, and included initiatives on preventive care, workforce, care access, behavioral health, and provider financial stability. She also reviewed implementation constraints, including a January 30 revised budget deadline, limits on administrative spending, restrictions on using funds to offset Medicaid losses, and the need to show measurable progress to remain eligible for future funding. The presentation noted that most year-one funding would go to rural hospitals, with additional support for federally qualified health centers, community mental health centers, tribal partners, and technical assistance.
NH

New Hampshire 2025 Regular Session

House Health, Human Services and Elderly Affairs (02/26/2025)

Health, Human Services & Elderly Affairs

Transcript Highlights:
  • This is not a free market; this is price fixing by monopoly power. prices for the same procedure not
  • based prices for the same procedure not based on<02:05:57.679> lawful<02:05:58.079> price
  • in Canada and four times for one price in Canada and four times that<02:06:32.599> price<02:06
  • today that are increasing the price today that are increasing the price arbitrarily<02:16:43.040
  • model is relevant to changing the price model is relevant to changing the price and<02:23:46.920
Keywords: 1189, house, all
UT

Utah 2025 Regular Session

Transportation Interim Committee - November 20, 2025

Transportation Interim Committee

Transcript Highlights:
  • , and shops will charge different prices.
  • Talk about the pricing strategy? Yeah, I'll talk now about our pricing strategy. So our pricing...
  • The pricing strategy? Yeah, I'll talk now about our pricing strategy.
  • They do a price per pass so that they can pass that cost on for each of the schools. ...do a price per
  • And so that's fixed pricing.
Keywords: 985, all
KY
Transcript Highlights:
  • There are two separate pricing.
  • <00:42:02.079> and agreed to both lower pricing and agreed to both lower pricing and specific
  • <01:01:29.280> versus If we had that type of pricing versus If we had that type of pricing
  • If it's making us prices.
  • >> and then the price goes up or what? >> and then the price goes up or what?
Keywords: 958, all
Summary: The Medicaid Oversight and Advisory Board met on February 23, 2026, approved the January 12 minutes, and then focused primarily on Kentucky Medicaid’s coverage and potential expansion of GLP-1 drugs, especially for weight loss. Department for Medicaid Services Commissioner Lisa Lee explained that Medicaid currently does not cover drugs for weight loss, anorexia, or weight gain, but the department had filed a regulation to remove that blanket exclusion so GLP-1s could be covered when used for an underlying health condition. She said the administrative regulation review subcommittee found the regulation deficient, and the co-chairs wanted the board to discuss the policy and financing implications before any change. DMS also said it would be open to adding caveats to ensure coverage would not extend to cosmetic weight loss alone. The department provided several data points on current utilization and spending. In 2025, Kentucky Medicaid paid for appetite-stimulating drugs such as Megestrol, Dronabinol, and Marinol, but did not pay for weight-loss drugs. For GLP-1s, DMS said coverage began in 2025 and is limited to FDA-approved medical conditions, with prior authorization requiring a type 2 diabetes diagnosis code and A1C documentation. DMS reported $234.6 million in GLP-1 spending in 2025 before rebates, about 240,931 prescriptions, and said GLP-1s accounted for 7.3% of pharmacy spend in 2024 and 8.3% in 2025. It also said there were 24,844 expansion members and 13,638 non-expansion members using GLP-1s, with spending of about $156 million and $78.5 million respectively, and that 10 pediatric weight-loss prescriptions were covered under EPSDT. The department said outcome analyses, including whether GLP-1 use reduces insulin or other diabetes treatment, are underway and should be completed in a couple of months. Members asked about cost, rebates, and whether the state should wait for more outcomes data before expanding coverage. DMS said average reimbursement to pharmacies was $975 per prescription and the average dispensing fee was $109; it also said 2025 rebate invoices totaled $90.8 million, with $7.6 million collected so far. Several members expressed concern about the high cost and the need to evaluate whether the drugs improve health outcomes before expanding access, while others noted the potential benefits for obesity and diabetes treatment. Some members also discussed whether GLP-1s are effectively being used for weight loss in diabetic patients and whether broader data collection should be used to assess long-term value. After the Medicaid discussion, Eli Lilly executive Tracy Sims presented on obesity as a chronic disease and the economic burden it creates in Kentucky. She said Kentucky’s adult obesity rate is a little over 37%, that obesity is linked to about 200 diseases, and that untreated obesity costs the state billions in GDP and hundreds of millions in state budget impact. She highlighted recent federal access programs for GLP-1s, including a Medicaid-related program that she said could lower the state share of a Zepbound prescription to about $71 per month after federal matching. No votes were taken on the GLP-1 policy question during the meeting, and the main action was the receipt of testimony and discussion of the department’s proposed regulatory change.
HI
Transcript Highlights:
  • Um, so I'm small portion of pricing.
  • > calculators there's still price calculators there's still price calculators available.<00:38
  • <00:40:37.040> There prices on our website, right? There prices on our website, right?
  • Um, so pricing is available.
  • I think that the whole process of price I think that the whole process of price transparency<00:
Summary: The committee heard testimony on SB 2047, relating to pharmacy benefit managers. The Insurance Division said the bill would require new enforcement resources and estimated an appropriation of about $1.5 million and five positions. Kaiser Permanente asked for an amendment to exclude HMOs from the definition of third-party PBMs, saying the bill should not interfere with integrated care models. PCMA and the Hawaii Pharmacist Association supported narrowing amendments, with pharmacists objecting to section 3 and warning the bill as amended could create major operational burdens and a significant general fund cost. No vote was taken in the portion provided, and the chair moved on to the next measure after questions. The committee then took up SB 2080, which would allow Hawaii to join the psychology interjurisdictional compact. Supporters, including DCR, the Hawaii Association of Health Plans, the Hawaii State Association of Counties, the Grassroot Institute, and others, said the compact would expand access to psychology services, especially for people in rural areas or those needing continuity of care while traveling. Opponents, including the Board of Psychology and a Shamanad University psychology professor, raised concerns about client safety, crisis-response procedures, enforcement costs, FBI background checks, and possible loss of state control over training and specialization standards. The board said Hawaii’s current 1,900-hour internship/postdoc requirement is higher than the compact’s standard and that the state is still implementing a separate provisional licensing law that may address some access issues. The discussion focused on whether the compact would meaningfully reduce shortages and whether Hawaii should instead pursue changes within its existing licensing system. Finally, the committee heard SB 2277 on hospital price transparency. The Office of Consumer Protection initially noted the bill could require significant staffing, but later testimony from SHIP suggested the measure could be handled more simply by working with the Healthcare Association of Hawaii and publicly posting violations. The Healthcare Association of Hawaii opposed the bill, arguing hospitals already must comply with federal CMS transparency rules and that adding state requirements would increase costs and legal exposure, especially if violations were treated as unfair or deceptive trade practices. Steve Fenberg testified in support, saying the bill would simply codify existing federal requirements in state law and that he was open to amendments removing state enforcement and the unfair trade practice language. No final action was taken in the excerpt provided.