Israel and Hizbollah exchange fire as Middle East war expands

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Carney to push his middle power strategy during Australia visit

The law under consideration “delinks” PBM compensation from manufacturer rebates in Medicare and requires flat administrative fees, certified at fair market value. It also mandates that rebates be passed through to health plan sponsors in the employer-sponsored market. This sounds appealing, but incentives matter. When compensation no longer depends on securing better terms, bargaining effort becomes a cost center rather than a profit center. PBMs will still compete for contracts, but competition on administrative fees isn’t the same as competition on aggressive price concessions and won’t lower drug prices.

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It is also necessary to emphasize that many optimizations are only possible in parts of the spec that are unobservable to user code. The alternative, like Bun "Direct Streams", is to intentionally diverge from the spec-defined observable behaviors. This means optimizations often feel "incomplete". They work in some scenarios but not in others, in some runtimes but not others, etc. Every such case adds to the overall unsustainable complexity of the Web streams approach which is why most runtime implementers rarely put significant effort into further improvements to their streams implementations once the conformance tests are passing.

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