Alex
Azar was confirmed as the US Secretary of Health & Human Services on
January 24, 2018. He served as the Deputy Secretary of Health & Human
Services from 2005-2007, under President George W. Bush
In
between these 2 appointments (2012-2017) Azar was president of the US division
of Eli Lilly, one of the largest American pharmaceutical companies, which is
based in Indiana, Mike Pence’s home state. He was responsible for the
entire company’s operations. Prices under Azar rose dramatically; for
example, Humalog’s price doubled in just those 5 years. His new position
bodes well for the pharmaceutical industry; it seems unlikely that Azar will
push his former industry to lower prices.
However,
if Azar does go after drug prices, he may focus on pharmacy
benefit managers; Big Pharma likes to blame PBMs for rising costs. At a minimum,
insurers and pharmaceutical companies may soon get an experienced secretary
familiar with how the HHS works.
Rollcall.com
has reported that since 2000, Azar spent about $105,000 in political
contributions.
PBIRx
has been exclusively providing intelligent solutions to clients in the
management of pharmacy benefit costs since 1993. With a staff that includes IT
personnel, actuaries, financial analysts, clinical pharmacists, attorneys,
HIPAA Compliance Officers and many more experts, PBIRx’s mission is to create
optimal health care outcomes while minimizing overall health care costs. For
more information, please visit www.pbirx.com or call (888) 797-2479.
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