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President-elect Donald Trump has appointed Robert F. Kennedy Jr., an environmental lawyer and controversial figure known for his anti-vaccine stance, to lead the Department of Health and Human Services. Kennedy, who previously ran for president as an independent, has pledged to be an "honest public servant" focused on transparency and evidence-based science. Critics, including DNC officials, have condemned the choice, citing Kennedy's history of spreading misinformation and personal controversies.
Executives from various healthcare sectors, including Blue Shield of California, are calling for an end to the pharmacy benefit manager (PBM) model, citing misaligned incentives that inflate drug costs. They advocate for transparent fee structures and direct deals with drug manufacturers to reduce expenses. The Federal Trade Commission has criticized PBMs for anticompetitive practices, urging a realignment of incentives to benefit patients rather than middlemen.
As the election approaches, Vice President Kamala Harris and former President Donald Trump diverge on pharmaceutical policies. Harris aims to expand Medicare's drug price negotiations and has garnered significant industry support, while Trump has shifted to align with industry lobbyists, distancing himself from previous commitments to lower drug prices and eliminate rebates. The pharmaceutical sector faces critical stakes in the upcoming election, with contrasting visions from the two candidates.
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