![](https://investorshub.advfn.com/uicon/522650.png?cb=1464431304)
Friday, July 01, 2016 7:01:30 PM
http://www.politico.com/states/new-jersey/story/2016/01/christie-vetoes-abuse-deterrent-drugs-bill-amid-addiction-treatment-push-030209
Christie pocket-vetoed a bill (A4271), passed by both chambers in the final week of the legislative session, that would have required health insurance providers, including the State Health Benefits Plan and the School Employees’ Health Benefits Program, to cover abuse-deterrent opioids at the lowest level of cost-sharing.
http://origin-states.politico.com.s3-website-us-east-1.amazonaws.com/files/abuse%20deterrent%20opioids%20bill.PDF
While my dedication to addressing substance abuse is
strident, I cannot blindly approve any legislation related to
this issue. This bill would mandate health benefits coverage
for abuse-deterrent opioid analgesic drugs, which are developed
so that they cannot be crushed, dissolved, chewed or cut to
create a more potent and immediate effect. While the intent of
the bill is laudable, the benefits of such drugs are still
uncertain in the medical community and are the subject of ongoing
research. At least one medical journal, the New England
Journal of Medicine, has concluded that some drug abusers using
abuse-deterrent OxyContin, increase their use of other opioids,
including heroin. Therefore, it is simply too early to
determine whether this bill will accomplish its intended effect.
As Governor Cuomo similarly concluded in vetoing an analogous
bill, we need to further study this issue.
In addition to the lack of clarity regarding the efficacy
of these drugs, abuse-deterrent opioids cost approximately three
times more than opioids without these formulations. By all
accounts, this bill will cost the State over $11 million each
year, the benefits of which, as noted, are still uncertain.
"There are three kinds of lies: lies, damned lies, and statistics."
Recent ELTP News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:50:54 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration with ZenaDrone • InvestorsHub NewsWire • 11/16/2023 12:32:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/25/2023 08:15:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/07/2023 08:05:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 09:30:05 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 07/31/2023 08:20:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 06/29/2023 08:43:45 PM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM