Medi-Ring introduces reusable Rx label
PHOENIX — A new consumer-oriented compliance tool was introduced by Medi-Ring on Tuesday.
The Medi-Ring reusable prescription label can be customized by the consumer to match prescription drugs to disease-state needs, the company said. The plastic Medi-Ring slips onto a prescription bottle, and the patient can write whatever he or she wants on it (e.g., “heart medicine” or “blood pressure”).
“[More than] 95% of dispensed medications today do not state what the medications are to be used for,” stated Frederick Hirth, founder of Medi-Ring. “This can be very confusing, especially for the elderly.”
The Medi-Ring’s suggested retail price ranges between $1.99 and $2.49 for a package of three, the company reported.
Report: Legislation restoring FSA OTC coverage is coming
WASHINGTON — Legislation repealing a requirement that nonprescription medicines would need an accompanying doctor’s prescription in order to qualify for reimbursement from employee-paid flexible spending accounts could be introduced to both Houses as soon as next week, according to a report published Tuesday in the political daily Politico.
Sen. Kay Hutchison, R-Texas, and Rep. Erik Paulsen, R-Minn., are expected to introduce legislation that would remove two restrictions on the use of FSAs: the aforementioned OTC prescription requirement and a $2,500 cap on employee contributions, which goes into effect in 2013.
Save Flexible Spending Plans, a consumer advocacy campaign created by the Employers Council on Flexible Compensation, also has plans to increase awareness around the issue on the Hill. The site currently is collecting individual stories with the intent of passing those along to members of Congress.
And the Foundation for HealthSMART Consumers, a New Jersey nonprofit, estimated that the prescription-restriction on FSA OTCs will end up costing an additional $695 million in healthcare spending.
For the full article, go here.
HBB rolls out Lazy Cakes
MEMPHIS — The words “chocolate brownie” and “dietary supplement” may seem contradictory, but one company has managed to bring the two together.
Memphis, Tenn.-based HBB is touting Lazy Cakes, a chocolate brownie packed with a blend of such herbs as passion flower, rose hip extract, valerian root extract and melatonin. Lazy Cakes are designed as a relaxation and sleep aid for people with busy, stressful lifestyles.
“It’s 2011: People are checking their smart phones 24/7, flying to multiple cities in a day and getting fired for reaching their breaking point,” HBB CEO Terry Harris said. “It’s time for everyone to relax. With Lazy Cakes, we’re allowing them to relax with a great-tasting evening snack.”