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Trump picks former pharmaceutical executive as new health secretary

Trump picks former pharmaceutical executive as new health secretary

Azar previously served as a high-ranking executive at Eli Lilly, which has repeatedly raised the prices of its drugs, doubling the US list price of its top-selling insulin over the 5 years he served as a company president. For those opposed to the path Trump has been taking Health and Human Services, Alex Azar symbolizes yet another attack on the progress made by the Affordable Care Act with his policy preferences aimed at undercutting and reversing numerous ACA's provisions. The President is confident Azar could provide America with affordable healthcare and lower drug prices. He rose to become president of the company's largest affiliate, Lilly USA, in 2012. "I will vigorously oppose this nomination".

As head of HHS, Azar would have oversight responsibility for the US Food and Drug Administration, which regulates the drug industry including approving new treatments.

The HHS is responsible for advising the President on matters of health, welfare, and income security programmes.

More news: Stock Review: Tracking Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG)

Chip Kahn, president and CEO of the Federation of American Hospitals, the national advocacy organization for investor-owned hospitals, made similar comments. He believes Azar's years of experience in government service and the healthcare sector makes him uniquely qualified to confront the healthcare system's biggest challenges, including deliberations over healthcare reform, healthcare quality and cost issues. Prior to those postings, he was known as an Associate Independent Counsel for Ken Starr, investigating the Whitewater controversy during Bill Clinton's presidency.

When he worked with HLC, Grealy said that during deliberations, he was a strong and influential voice for health system transformation to achieve greater value as defined by affordability and consistent clinical quality without disparities.

Azar said about joining the company. Democrats and other critics are likely to raise questions about the administration's seriousness about lowering drug prices with a former industry executive leading such a charge. He also pointed to Eli Lilly raising drug prices by double digits while Azar was an executive at the company.


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