In economics, they say there is no such thing as a free lunch. Check out the article attached from the Tampa Bay Times to find out how you can get a dozen donuts without paying for them. Why do you think Krispy Kreme started this initiative? How does the charity benefits? How do both customers and the store benefit from the trade?
According to the National Community Pharmacists' Association (NCPA), pharmacy benefit managers (PBM) have a non-transparent business model that can add hidden costs and lead to higher prices in prescription drugs. Did you know that PBMs are not currently regulated by the state and sometimes take advantage b billing health plans more for prescription drugs than the local pharmacist even charges? This allows them to make a higher profit! Check out the Tampa Bay times article below to find out how House Bill 351 is trying to ensure PBMs are operating transparently with patients. Ask students: as a consumer, how does this impact your spending decisions? How could this impact patients? What effects could this create in terms of benefit packages?
There has been a large recent drop in the stock market. What should you do? Click on the image to read the article by the Tampa Bay Times that provides advice on what to do in terms of current events. Then conduct some more research by clicking on links to other articles about the stock market. How did the market adjust? What advice would you give to your friends and family members?
Financial Literacy Standards
SS.912.FL.5.7:Describe how financial markets adjust to new financial news and that prices in those markets reflect what is known about financial assets.
Deborah Kozdras, Ph.D.