Home » Biden Proposes $35 Billion Handout For Big Pharma’s Lucrative Weight Loss Drugs

Biden Proposes $35 Billion Handout For Big Pharma’s Lucrative Weight Loss Drugs

President Joe Biden has set the stage for an immediate showdown between Robert F. Kennedy Jr. and pharmaceutical companies.

President Joe Biden has set the stage for an immediate showdown between Robert F. Kennedy Jr. and pharmaceutical companies over the outgoing administration’s proposal to cover diabetes drugs for weight loss under federal insurance programs.

Early Tuesday morning, the Department of Health and Human Services (HHS) unveiled the proposed rule to subsidize the popular medications.