Donald Trump was elected the 47th president of the United States after winning the required 270 seats in the November 5 election. Despite the victory, it remains unclear what Trump's second term as president will mean for the healthcare industry.
During the campaign, Republicans said little about health policy, but they talked about getting Robert F. Kennedy Jr. “hot” in the medical field and helping RFK Jr. “do what he wants” in women's health care. He made several declarations, including:
Despite President Trump's reluctance to formally declare his former third-party rival a Cabinet member, RFK Jr. He said he was “committed” to take control of public health agencies, including the U.S. Food and Sanitation Agency. FDA.
RFK Jr. has already questioned prescription drug fee laws in a Washington Post op-ed and is also a known anti-vaccine activist. At this stage, it is completely unclear how much leadership RFK Jr. will have in the medical field.
Before the election, it was expected that Mr. Trump would seek to replicate policies introduced during his first term but never implemented. One of these is the international reference price, most commonly known as the Most Favored Nation (MFN) rule. President Trump's 2020 plan would establish a seven-year mandatory demonstration to tie drug prices under Medicare Part B to lower prices given to other countries.
During the campaign, President Trump announced his intention to repeal President Biden's Artificial Intelligence Executive Order (EO), which he said “stifles innovation” and is “rooted in free speech and human flourishing.” He said he is trying to support AI development. President Trump in 2019, which is expected to be the starting point, placed emphasis on research and development in the field of AI.
President Trump failed to overturn Obamacare, also known as the Affordable Care Act, in his first term. He called the practice a “terrible medical practice” and said he was considering introducing a new system. Asked what his plans were during an ABC News debate in September, Trump said he had “an idea for a plan” to replace the ACA, but did not provide details.
President Trump attempted to partially repeal the ACA by passing the American Health Care Act (ACHA), which repeals individual and employer mandates, modifies Medicaid eligibility, and weakens protections for patients with pre-existing conditions.
Despite President Trump's running mate J.D. Vance praising the current Democratic Party chair's tenure, including praising Lina Khan's efforts to challenge certain FDA Orange Book patents, the Trump administration A new chairman of the US Federal Trade Commission (FTC) has been appointed.
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